{"id":232338,"date":"2025-03-15T07:00:00","date_gmt":"2025-03-15T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=232338"},"modified":"2025-03-21T16:46:58","modified_gmt":"2025-03-21T23:46:58","slug":"nasdaq-100-market-reached-monthly-ema","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/es\/analysis\/nasdaq-100-market-reached-monthly-ema\/","title":{"rendered":"Nasdaq 100 Market Reached Monthly Ema"},"content":{"rendered":"\n

Market Overview: NASDAQ 100 Emini Futures<\/h2>\n\n\n\n

The NASDAQ Emini<\/strong> futures<\/a> week is a bear bar with a prominent tail below closing below last week\u2019s low. The market reached monthly EMA \u2013 exponential moving average for the first time since October 2023.<\/p>\n\n\n\n

The daily chart started the week with a big bear bar to reach the monthly EMA and then was sideways for the rest of the week.<\/p>\n\n\n\n

As the first quarter ends in 2 weeks, it\u2019s worth revisiting the annual chart, which may explain the current sell-off. Earlier monthly reports in 2024 talked about the 2023 and 2024 yearly bars and how the upside is limited on the yearly chart based on the big 2023 buy signal bar. See this commentary section<\/a> in the report at the end of Q3 2024 which talks about possible scenarios, specifically that if 2024 ends up as a good bull bar, bears that sold the 2022 bear bar high or the 2023 close, will sell the 2024 close and try to exit break-even.<\/p>\n\n\n\n

Well, at this point, those bears have reached their breakeven target. (See the inset in the weekly chart below showing yearly chart). This also shows that the bulls are not as strong as it would seem. So is this as far as bears will get on the yearly chart? Have they been disappointed enough by the 2024 bull bar? Its hard to answer this without looking at the lower timeframe charts like the weekly chart. Minimally, bears know that they can sell higher again and likely exit breakeven.<\/p>\n\n\n\n

The month is already a fairly big bar compared to recent months. Its bigger than all the recent bars save July and August of 2024. There are still two more weeks left in the month. Given that we are at support, it is likely the monthly bar will not get much bigger. What that means is its more likely the next two weeks will be within the range of the current monthly bar – so essentially sideways – some combination of doji, or up\/down week.<\/p>\n\n\n\n

NASDAQ 100 Emini futures<\/h2>\n\n\n\n

The Weekly<\/em> NASDAQ chart<\/h3>\n\n\n\n
\"Nasdaq<\/a><\/figure>\n\n\n\n
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