{"id":169756,"date":"2023-02-04T07:00:00","date_gmt":"2023-02-04T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=169756"},"modified":"2023-02-04T01:17:57","modified_gmt":"2023-02-04T09:17:57","slug":"ftse-big-bull-breakout","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/ftse-big-bull-breakout\/","title":{"rendered":"FTSE Big Bull Breakout Closing at All-Time High"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: FTSE 100 Futures<\/h2>\n\n\n\n<p>The\u00a0<strong>FTSE futures <\/strong>market increased last month, closing at an all-time high with a FTSE big bull breakout. Bulls need another bull bar for consecutive bull bars and breakout and follow-through, but the tail on January&#8217;s bar might reduce the number of bulls willing to hold long there. Bears need a reasonable sell signal or a reversal bar and follow-through to sell a double top for a possible swing down.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FTSE 100 Futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Monthly<\/em> FTSE chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-Closing-at-the-All-Time-High.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-Closing-at-the-All-Time-High.jpg\" alt=\"FTSE Big Bull Breakout Closing at the All Time High\" class=\"wp-image-169817\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-Closing-at-the-All-Time-High.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-Closing-at-the-All-Time-High-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-Closing-at-the-All-Time-High-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-Closing-at-the-All-Time-High-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-Closing-at-the-All-Time-High-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Bull Breakout Closing at the All-Time High<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/news.sky.com\/story\/ftse-100-reaches-highest-ever-score-12802279\" target=\"_blank\" rel=\"noreferrer noopener\">FTSE 100 futures<\/a> was a big bull bar last week with a tail, a bull breakout closing at an all-time high.<\/li>\n\n\n\n<li>It is a 4-bar bull micro channel.<\/li>\n\n\n\n<li>We are always in long. Most traders should be long or flat.<\/li>\n\n\n\n<li>The bulls hit a measured move target, a swing buy from trading above October 2022, and they got their 2:1.<\/li>\n\n\n\n<li>Traders expected two legs sideways to up after the pullback from February 2022 and trend resumption.<\/li>\n\n\n\n<li>The bulls want a consecutive bull bar to close above the highs for a breakout and followthrough.<\/li>\n\n\n\n<li>The bulls see a breakout and want a measured move up from below October 2022, and they might get it. Look left. <strong>How many bear bears on the monthly do you see?<\/strong> <strong>Few.<\/strong><\/li>\n\n\n\n<li>Traders are confident even if next month is a bear bar, it will be a reversal that is likely to fail.<\/li>\n\n\n\n<li>Bears see a trading range and a weak bull channel and expect to reach the February 2022 breakout points. They will make money if they sell the BO and then sell higher below a bear bar.<\/li>\n\n\n\n<li>The bears see a weak trend on the monthly: overlapping bars, tails above and below, it looks like a leg in a trading range, and they might be right.<\/li>\n\n\n\n<li>Expect sideways to up next month. February will probably also have a tail above it, like January.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> FTSE chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-3rd-Leg-Up.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-3rd-Leg-Up.jpg\" alt=\"FTSE 100 Bull Breakout, 3rd Leg Up\" class=\"wp-image-169823\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-3rd-Leg-Up.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-3rd-Leg-Up-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-3rd-Leg-Up-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-3rd-Leg-Up-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-3rd-Leg-Up-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Bull Breakout, 3rd Leg Up<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/news.sky.com\/story\/ftse-100-reaches-highest-ever-score-12802279\" target=\"_blank\" rel=\"noreferrer noopener\">FTSE 100 futures<\/a> was a bull bar closing on its high. <\/li>\n\n\n\n<li>The bulls see a bull breakout and a 3<sup>rd<\/sup> leg up. They want to reach a measured move target above.<\/li>\n\n\n\n<li>Last week was a bad buy signal, a bear doji. So we might return to retest the high of that bar as some bears would have sold there.<\/li>\n\n\n\n<li>The channel is tight. The bulls know the best the bears can get here is a deep pullback and a trading range. They will be happy to scale in lower.<\/li>\n\n\n\n<li>The bears see an expanding triangle, a trading range sloping up and will look to sell higher.<\/li>\n\n\n\n<li>The bears want a double top and failed breakout above a trading range, but no bear bar exists. Most traders should sell below a bear bar closing below its midpoint.<\/li>\n\n\n\n<li>It is a High 1 buy. Traders can get long here and buy lower if it goes down. But the stop is far away, so they need to trade small.<\/li>\n\n\n\n<li>There are gaps open above October, so although the bears want a strong reversal, it is unlikely to collapse into a bear trend.<\/li>\n\n\n\n<li>In trading, we need to be prepared for the unlikely can happen. Bulls will exit below a bear surprise bar and look to get back in on a High 2. <\/li>\n\n\n\n<li>Traders all see we are far away from the moving average. They will watch for late acceleration, a sign of a buy climax and an area to take profits.<\/li>\n<\/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: FTSE 100 Futures The\u00a0FTSE futures market increased last month, closing at an all-time high with a FTSE big bull breakout. Bulls need another bull bar for consecutive bull bars and breakout and follow-through, but the tail on January&#8217;s bar might reduce the number of bulls willing to hold long there. Bears need a [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":169817,"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":"shadow","_genesis_layout":"","footnotes":""},"categories":[1697,136],"tags":[1873,1699],"class_list":{"0":"post-169756","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ftse-100","8":"category-analysis","9":"tag-bull-breakout","10":"tag-ftse-100","11":"entry","12":"override","13":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/FTSE-100-Bull-Breakout-Closing-at-the-All-Time-High.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\/169756","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=169756"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/169756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/169817"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=169756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=169756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=169756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}