The week is a bull bar with a prominent tail above.<\/p>\n\n\n\n
The quarter bar is a good bull bar with small tails. This is a surprise. As mentioned before, it was more likely for the current quarter bar to be a doji bar, than a good entry bar, given how big the prior quarter buy signal bar is.<\/p>\n\n\n\n
This makes it likely that there will be at least a small second leg up, as anybody who sold the prior quarter close (or the high of the Q1 bear bar), expecting a bad entry bar, is trapped and will likely sell more at this quarter\u2019s close and buy back on a pullback.<\/p>\n\n\n\n
NASDAQ 100 Emini futures<\/h2>\n\n\n\nThe Monthly<\/em> NASDAQ chart<\/h3>\n\n\n\n![\"Nasdaq](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/NASDAQ-Monthly-MM-Bull-Target-of-2021-High-Close-and-2022-Low-Close-Met-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The September month bar is a bull bar with small tails.<\/li>\n\n\n\n
- It met the measured move target of the high close of 2021 and low close of 2022.<\/li>\n\n\n\n
- As mentioned in prior reports, the monthly chart is bullish with a pair of good bull-trend bars in May and June, breaking out of the monthly EMA.<\/li>\n\n\n\n
- July is another bull follow-through, but August is a doji bar. Bulls did the minimum by having a bull body.<\/li>\n\n\n\n
- Bears had the opportunity to make August be the high close for the rest of the year, and make the market go sideways to down.<\/li>\n\n\n\n
- Instead, bulls got a good bull bar in September.<\/li>\n\n\n\n
- Given the strength on the monthly chart, there will likely be two more legs up, with the third leg as small as a single bar.<\/li>\n\n\n\n
- What are some targets on the downside? There are likely buyers around the close of the prior month and also the high of March month bear bar, which is around the high\/close of May month.<\/li>\n\n\n\n
- There were likely sellers at the March high during May that are trapped and will buy if the market revisits it.<\/li>\n\n\n\n
- On the upside, there is a 2nd<\/sup> bull target not far above \u2013 the MM of the bodies of May and June month bars.<\/li>\n<\/ul>\n\n\n\n
The Weekly<\/em> NASDAQ chart<\/h3>\n\n\n\n![\"Nasdaq](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2025\/10\/NASDAQ-Weekly-Start-of-Second-Bull-Leg-After-9-22-Bear-Doji-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The week is a bull bar with a prominent tail above.<\/li>\n\n\n\n
- Last week\u2019s report<\/a> mentioned that there would likely be at least a small second leg up after a pair of good bull bars in the prior three weeks.<\/li>\n\n\n\n
- Last week is a bear doji bar with a bigger tail below.<\/li>\n\n\n\n
- This week is the start of the second leg up. The tail on the top of this week is not a sign of strength and indicates profit-taking.<\/li>\n\n\n\n
- This could be because the market is at the monthly bull target mentioned above.<\/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 September month bar is a bull bar with small tails.<\/li>\n\n\n\n
- It met the measured move target of the high close of 2021 and low close of 2022.<\/li>\n\n\n\n
- As mentioned in prior reports, the monthly chart is bullish with a pair of good bull-trend bars in May and June, breaking out of the monthly EMA.<\/li>\n\n\n\n
- July is another bull follow-through, but August is a doji bar. Bulls did the minimum by having a bull body.<\/li>\n\n\n\n
- Bears had the opportunity to make August be the high close for the rest of the year, and make the market go sideways to down.<\/li>\n\n\n\n
- Instead, bulls got a good bull bar in September.<\/li>\n\n\n\n
- Given the strength on the monthly chart, there will likely be two more legs up, with the third leg as small as a single bar.<\/li>\n\n\n\n
- What are some targets on the downside? There are likely buyers around the close of the prior month and also the high of March month bear bar, which is around the high\/close of May month.<\/li>\n\n\n\n
- There were likely sellers at the March high during May that are trapped and will buy if the market revisits it.<\/li>\n\n\n\n
- On the upside, there is a 2nd<\/sup> bull target not far above \u2013 the MM of the bodies of May and June month bars.<\/li>\n<\/ul>\n\n\n\n
The Weekly<\/em> NASDAQ chart<\/h3>\n\n\n\n
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n- \n
- The week is a bull bar with a prominent tail above.<\/li>\n\n\n\n
- Last week\u2019s report<\/a> mentioned that there would likely be at least a small second leg up after a pair of good bull bars in the prior three weeks.<\/li>\n\n\n\n
- Last week is a bear doji bar with a bigger tail below.<\/li>\n\n\n\n
- This week is the start of the second leg up. The tail on the top of this week is not a sign of strength and indicates profit-taking.<\/li>\n\n\n\n
- This could be because the market is at the monthly bull target mentioned above.<\/li>\n<\/ul>\n\n\n\n
\n\n\n\nMarket analysis reports archive<\/h3>\n\n\n\n