The daily chart is up for the first couple of days and then started a leg down. <\/p>\n\n\n\n
The monthly bar is a bull bar with a prominent tail above. There are a little more than two weeks left in the month. As prior reports have said, this month is less likely to be a bull trend bar, and more likely to be a doji bar.<\/p>\n\n\n\n
NASDAQ 100 Emini futures<\/h2>\n\n\n\nThe Weekly<\/em> NASDAQ chart<\/h3>\n\n\n\n![\"Nasdaq](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/NASDAQ-Weekly-End-of-Leg-up-From-5-19-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The week is a doji bear bar with prominent tails.<\/li>\n\n\n\n
- Bulls wanted a good follow-through bar, while bears wanted a good sell signal bar. Neither got what they wanted.<\/li>\n\n\n\n
- The market has not gone below the prior bar low since the 3rd week of April. That may likely end next week.<\/li>\n\n\n\n
- Bulls will try another leg up, while bears want a good entry bar.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> NASDAQ chart<\/h3>\n\n\n\n![\"Nasdaq](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/06\/NASDAQ-Daily-Bull-Body-Gap-still-open-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The daily chart started the week by continuing the leg up. Monday is a doji bull bar, and Tuesday is a bigger bull bar closing above last week\u2019s high.<\/li>\n\n\n\n
- Wednesday is a bear doji reversal bar with a bigger tail on top, while Thursday is a buy signal bar, after triggering the sell signal bar. <\/li>\n\n\n\n
- At this point, the market is in breakout mode, although some bears have already entered below Wednesday’s sell signal bar.<\/li>\n\n\n\n
- Friday is a big bear bar, without triggering Thursday’s buy signal bar. It has a prominent tail below and closes just below the midpoint.<\/li>\n\n\n\n
- The bull body gap from the close of 5-19 is still open. Bears have tried to close it a few times, including Friday, but the market has reversed from that level twice.<\/li>\n\n\n\n
- The market also got very close to the exponential moving average (EMA) on Friday and reversed. This makes it likely that the market will get to the EMA, even if it first goes sideways to up.<\/li>\n\n\n\n
- Wednesday got very close to the first measured move target. Those targets are still in play.<\/li>\n<\/ul>\n\n\n\n
\n\n\n\nMarket analysis reports archive<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n
- \n
- The week is a doji bear bar with prominent tails.<\/li>\n\n\n\n
- Bulls wanted a good follow-through bar, while bears wanted a good sell signal bar. Neither got what they wanted.<\/li>\n\n\n\n
- The market has not gone below the prior bar low since the 3rd week of April. That may likely end next week.<\/li>\n\n\n\n
- Bulls will try another leg up, while bears want a good entry bar.<\/li>\n<\/ul>\n\n\n\n
The Daily<\/em> NASDAQ chart<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n- \n
- The daily chart started the week by continuing the leg up. Monday is a doji bull bar, and Tuesday is a bigger bull bar closing above last week\u2019s high.<\/li>\n\n\n\n
- Wednesday is a bear doji reversal bar with a bigger tail on top, while Thursday is a buy signal bar, after triggering the sell signal bar. <\/li>\n\n\n\n
- At this point, the market is in breakout mode, although some bears have already entered below Wednesday’s sell signal bar.<\/li>\n\n\n\n
- Friday is a big bear bar, without triggering Thursday’s buy signal bar. It has a prominent tail below and closes just below the midpoint.<\/li>\n\n\n\n
- The bull body gap from the close of 5-19 is still open. Bears have tried to close it a few times, including Friday, but the market has reversed from that level twice.<\/li>\n\n\n\n
- The market also got very close to the exponential moving average (EMA) on Friday and reversed. This makes it likely that the market will get to the EMA, even if it first goes sideways to up.<\/li>\n\n\n\n
- Wednesday got very close to the first measured move target. Those targets are still in play.<\/li>\n<\/ul>\n\n\n\n
\n\n\n\nMarket analysis reports archive<\/h3>\n\n\n\n