The week is a big bull trend bar reversing at monthly EMA after several weeks of bear bars.<\/p>\n\n\n\n
The quarterly bar is a bear trend bar with prominent tails, with a low around the close of the big bull bar from Q2 2025, post-tariffs (See inset chart below).<\/p>\n\n\n\n
NASDAQ 100 E-mini futures<\/h2>\n\n\n\nThe Monthly<\/em> NASDAQ chart<\/h3>\n\n\n\n![\"Nasdaq](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2026\/04\/NASDAQ-Monthly-First-Monthly-Bar-at-Ema-Since-March-2025-2-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The March monthly bar is a bear bar with prominent tails above and below.<\/li>\n\n\n\n
- It reversed at the monthly EMA, around the May 2025 high.<\/li>\n\n\n\n
- Prior reports<\/a> from the end of May and June 2025 had said that the high\/close of May 2025 was a reasonable sell \u2013 it was near the high of the bear bars to the left from March; the quarterly bar was already big at that point, so it was unlikely the 2nd quarter would get any bigger.<\/li>\n\n\n\n
- Bears were trapped when June was a good bull follow-through bar, and July was another decent bull bar.<\/li>\n\n\n\n
- This area of support around the May high\/close is shaded green on the monthly chart.<\/li>\n\n\n\n
- On the quarterly chart (See inset chart above), the Q2 2025 bar is a big bull bar, close to the high of the Q1 bear bar. So, there were sellers likely at the Q2 close, not expecting a good bull follow-through in Q3. Q3 2025 is a good bull follow-through, so the sellers at the Q2 close were trapped.<\/li>\n\n\n\n
- This month reached various support areas \u2013 the monthly EMA, May 2025 high, and Q2 2025 bull close.<\/li>\n\n\n\n
- What are some upside targets for the bulls? Using the quarterly chart, the close of Q4 2025 was a reasonable buy, so the market should let those buyers out at breakeven. The close of Q4 2025 is at 25668.25.<\/li>\n\n\n\n
- If a bull bought the close of Q4 2025, and the bear close of Q1 2026, the midpoint would be around 24780. That would be another magnet.<\/li>\n\n\n\n
- The market essentially bounced on March 31 \u2013 the last day of the quarter to produce the tail at the bottom of the monthly and quarterly bar.<\/li>\n\n\n\n
- The market hasn\u2019t sufficiently tested the May 2025 close, so the market will likely go back into the body of the May 2025 bull bar.<\/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\/2026\/04\/NASDAQ-Weekly-Big-Buy-Signal-Bar-at-Monthly-Ema-680x383.jpg\" "\\"\\"")
<\/a><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- This week is a big bull trend bar reversing at the monthly EMA.<\/li>\n\n\n\n
- It is a buy signal bar, but the challenge is that the bar is big, and hence the risk is big. Also, the weekly EMA is about a bar size above, so the risk\/reward ratio is not best for buying above this week.<\/li>\n\n\n\n
- Bulls also expect at least a small second leg down \u2013 maybe one bar down, an inside bear bar or such, and then a better buy signal bar.<\/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 March monthly bar is a bear bar with prominent tails above and below.<\/li>\n\n\n\n
- It reversed at the monthly EMA, around the May 2025 high.<\/li>\n\n\n\n
- Prior reports<\/a> from the end of May and June 2025 had said that the high\/close of May 2025 was a reasonable sell \u2013 it was near the high of the bear bars to the left from March; the quarterly bar was already big at that point, so it was unlikely the 2nd quarter would get any bigger.<\/li>\n\n\n\n
- Bears were trapped when June was a good bull follow-through bar, and July was another decent bull bar.<\/li>\n\n\n\n
- This area of support around the May high\/close is shaded green on the monthly chart.<\/li>\n\n\n\n
- On the quarterly chart (See inset chart above), the Q2 2025 bar is a big bull bar, close to the high of the Q1 bear bar. So, there were sellers likely at the Q2 close, not expecting a good bull follow-through in Q3. Q3 2025 is a good bull follow-through, so the sellers at the Q2 close were trapped.<\/li>\n\n\n\n
- This month reached various support areas \u2013 the monthly EMA, May 2025 high, and Q2 2025 bull close.<\/li>\n\n\n\n
- What are some upside targets for the bulls? Using the quarterly chart, the close of Q4 2025 was a reasonable buy, so the market should let those buyers out at breakeven. The close of Q4 2025 is at 25668.25.<\/li>\n\n\n\n
- If a bull bought the close of Q4 2025, and the bear close of Q1 2026, the midpoint would be around 24780. That would be another magnet.<\/li>\n\n\n\n
- The market essentially bounced on March 31 \u2013 the last day of the quarter to produce the tail at the bottom of the monthly and quarterly bar.<\/li>\n\n\n\n
- The market hasn\u2019t sufficiently tested the May 2025 close, so the market will likely go back into the body of the May 2025 bull bar.<\/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
- This week is a big bull trend bar reversing at the monthly EMA.<\/li>\n\n\n\n
- It is a buy signal bar, but the challenge is that the bar is big, and hence the risk is big. Also, the weekly EMA is about a bar size above, so the risk\/reward ratio is not best for buying above this week.<\/li>\n\n\n\n
- Bulls also expect at least a small second leg down \u2013 maybe one bar down, an inside bear bar or such, and then a better buy signal bar.<\/li>\n<\/ul>\n\n\n\n
\n\n\n\nMarket analysis reports archive<\/h3>\n\n\n\n