{"id":156152,"date":"2022-07-16T07:00:00","date_gmt":"2022-07-16T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=156152"},"modified":"2022-07-16T02:20:38","modified_gmt":"2022-07-16T09:20:38","slug":"dax-bear-inside-bar-at-13000","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/dax-bear-inside-bar-at-13000\/","title":{"rendered":"DAX bear inside bar at 13000"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: DAX 40 Futures<\/h2>\n\n\n\n<p><strong>DAX futures<\/strong> was a Dax bear inside bar at the 13000 big round number. Although the bear trend is still in effect we have been going sideways for a few weeks now. The bulls are starting to get daily consecutive bull bars so we might see a break next week. The bears will sell it as a bear trap, but the late bears buying back shorts might give the bulls momentum to get up to the June 28<sup>th<\/sup> high.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">DAX 40 Futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> DAX chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Weekly-Bear-Inside-Bar-at-13000-Big-Figure.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Weekly-Bear-Inside-Bar-at-13000-Big-Figure.jpg\" alt=\"DAX 40 Weekly Dax Bear Inside Bar at 13000 Big Figure\" class=\"wp-image-156212\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Weekly-Bear-Inside-Bar-at-13000-Big-Figure.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Weekly-Bear-Inside-Bar-at-13000-Big-Figure-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Weekly-Bear-Inside-Bar-at-13000-Big-Figure-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Weekly-Bear-Inside-Bar-at-13000-Big-Figure-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Weekly-Bear-Inside-Bar-at-13000-Big-Figure-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption><strong>DAX 40 Weekly: Bear Inside Bar at 13000 Big Figure<\/strong><\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>The <a href=\"https:\/\/www.eurex.com\/ex-en\/markets\/idx\/dax\/DAX-Futures-139902\" target=\"_blank\" rel=\"noreferrer noopener\">Dax 40 futures<\/a> weekly chart was a Dax bear inside bar at the 13000 big round number.<\/li><li>It is the fourth consecutive bar with long tails below so we are likely transitioning into a trading range.<\/li><li>The bulls see a lower low, double bottom major trend reversal with March 7<sup>th<\/sup>. They want a bull bar to setup a High 1 buy at the bottom of a trading range. <\/li><li>It&#8217;s a tight channel down so it might be the second entry that works.<\/li><li>The bulls know it has been a long-term bull trend and the lower we move is just the edge of a longer-term channel. The bears will give up soon, and they might be starting to do so now.<\/li><li>They want consecutive bull bars and a move back up to the moving average.<\/li><li>The bears see a broad bear channel and possibly completion of a measured move, harmonic down to 11500. Each week we have said it looks far away but we are still working towards it.<\/li><li>They see a 6-bar tight bear channel and so expect the first reversal to be minor. The bears will also sell the first bar to go above a prior bar as a reasonable pullback.<\/li><li>It&#8217;s a trading range so it&#8217;s confusing. The bull trap could have follow-through only to fail at the moving average. A bear break below might reverse like last week.<\/li><li>Expect sideways to down next week.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> DAX chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Daily-Double-Bottom-in-a-Tight-Trading-Range.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Daily-Double-Bottom-in-a-Tight-Trading-Range.jpg\" alt=\"DAX 40 Daily Double Bottom in a Tight Trading Range\n\" class=\"wp-image-156217\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Daily-Double-Bottom-in-a-Tight-Trading-Range.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Daily-Double-Bottom-in-a-Tight-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Daily-Double-Bottom-in-a-Tight-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Daily-Double-Bottom-in-a-Tight-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Daily-Double-Bottom-in-a-Tight-Trading-Range-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption><strong>DAX 40 Daily: Double Bottom in a Tight Trading Range<\/strong><\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>The <a href=\"https:\/\/www.eurex.com\/ex-en\/markets\/idx\/dax\/DAX-Futures-139902\" target=\"_blank\" rel=\"noreferrer noopener\">Dax 40 futures<\/a> daily chart was a bull bar on Friday closing on its high so we might gap up on Monday.<\/li><li>For the bulls, it&#8217;s the second reversal up and a possible double bottom with March 7<sup>th<\/sup>.<\/li><li>Last week&#8217;s wedge overshoot played out for a scalp for the bulls, so a second entry buy low in a trading range is a reasonable buy setup<\/li><li>They want a break above last week for a measured move-up. I&#8217;ve drawn the harmonic move possible which still keeps the overall bear trend and assumes a moving average gap bar sell.<\/li><li>For the bears, it is a small pullback bear trend with 20+ bars below the moving average, we can expect sellers above and at the average. <\/li><li>They see 4 consecutive bear bars last week so Friday is a pullback for a leg to continue lower.<\/li><li>The bears are running out of steam and might need a move higher to attract more sellers. We have been sideways for a few weeks now and the tails above and below show unwillingness to sell far below.<\/li><li>If the bulls can get consecutive bull bars early next week they might get a second leg up to the 50-day MA. We can expect more sellers up there.<\/li><li>If the bears get another leg it will make a triple bottom and wedge low in a trading range, so they will either need to get follow-through or give up.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: DAX 40 Futures DAX futures was a Dax bear inside bar at the 13000 big round number. Although the bear trend is still in effect we have been going sideways for a few weeks now. The bulls are starting to get daily consecutive bull bars so we might see a break next week. [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":156212,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1698,136],"tags":[1700,1865],"class_list":{"0":"post-156152","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dax-40","8":"category-analysis","9":"tag-dax-40","10":"tag-inside-bar","11":"entry","12":"override"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2022\/07\/DAX-40-Weekly-Bear-Inside-Bar-at-13000-Big-Figure.jpg","author_info":{"display_name":"Timothy","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/timfairweathercagmail-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/156152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/10339"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=156152"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/156152\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/156212"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=156152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=156152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=156152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}