{"id":169758,"date":"2023-02-04T07:00:00","date_gmt":"2023-02-04T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=169758"},"modified":"2023-02-04T07:26:57","modified_gmt":"2023-02-04T15:26:57","slug":"dax-40-big-bull-surprise","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/dax-40-big-bull-surprise\/","title":{"rendered":"DAX 40 Big Bull Surprise Bar, Leg in a Trading Range"},"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 big bull surprise bar on the monthly chart. Still always in long on this timeframe, and it looks like a leg in a trading range. It was a tight trading range to the left, so it was a magnet, and we might need to go sideways here while traders decide where we are heading. Bears need a strong double top sell signal here to attract short sellers.<\/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>Monthly<\/em> DAX chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Bull-Surprise-Bar-Leg-in-a-Trading-Range.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Bull-Surprise-Bar-Leg-in-a-Trading-Range.jpg\" alt=\"DAX 40 Big Bull Surprise Bar, Leg in a Trading Range\" class=\"wp-image-169850\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Bull-Surprise-Bar-Leg-in-a-Trading-Range.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Bull-Surprise-Bar-Leg-in-a-Trading-Range-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Bull-Surprise-Bar-Leg-in-a-Trading-Range-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Bull-Surprise-Bar-Leg-in-a-Trading-Range-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Bull-Surprise-Bar-Leg-in-a-Trading-Range-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Bull Surprise Bar, Leg in a Trading Range<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/germany-30-futures\" target=\"_blank\" rel=\"noreferrer noopener\">DAX 40 futures<\/a> was a big bull bar surprise bar closing on its high. We are likely always in long.<\/li>\n\n\n\n<li>The bulls see a tight bull channel after 3 pushes down to a wedge bottom. They see a trend resumption on the higher time frames and expected 2 legs sideways to up.<\/li>\n\n\n\n<li>We may have finished the second leg. But until a bar goes below a prior bar, most traders will stay long. A bull surprise bar often has follow-through, even if it is one bar.<\/li>\n\n\n\n<li>The bears see a trading range and possible double top. But there is no sell signal for the bears. The bears want a lower high, but with measured move targets above, we will likely go sideways to up next week.<\/li>\n\n\n\n<li>If the bulls can break out above the all-time high, they will look for a measured move of the range over the next few years.<\/li>\n\n\n\n<li>Trading ranges are full of disappointment, and we might go and test the highs and reverse back down. Trading ranges tend to overshoot swing points, so we might even get a new all-time high and pull back endlessly into the range again.<\/li>\n\n\n\n<li>If the bears can get a good sell signal next month, some will start to sell on a stop. Most traders selling in a trading range should wait for a second entry as it has a higher probability.<\/li>\n\n\n\n<li>Some bears will sell the highs and then scale-in higher, betting we return to test the all-time high again.<\/li>\n\n\n\n<li>Most bears seeing a bull surprise should exit short and wait for clearer price action.<\/li>\n<\/ul>\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\/2023\/02\/DAX-40-Breakout-or-Wedge-Top-At-MM-Target-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Breakout-or-Wedge-Top-At-MM-Target-1.jpg\" alt=\"DAX 40 Breakout or Wedge Top? At MM Target\" class=\"wp-image-169842\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Breakout-or-Wedge-Top-At-MM-Target-1.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Breakout-or-Wedge-Top-At-MM-Target-1-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Breakout-or-Wedge-Top-At-MM-Target-1-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Breakout-or-Wedge-Top-At-MM-Target-1-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Breakout-or-Wedge-Top-At-MM-Target-1-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Breakout or Wedge Top<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/germany-30-futures\" target=\"_blank\" rel=\"noreferrer noopener\">DAX 40 futures<\/a> was a bull bar closing near its high with a small tail above.<\/li>\n\n\n\n<li>It is consecutive bull bars and a 7-bar bull micro channel. Traders will likely buy the first bar to go below the low of a prior bar.<\/li>\n\n\n\n<li>The bulls see a strong second leg after a powerful first leg. Most traders expected this leg to go far, and it did. Traders see consecutive bull bars, so bears will exit, and bulls will add on.<\/li>\n\n\n\n<li>The bulls see a break back above the prior trading range and now will look to test the highs of the range. Probably with the third leg up.<\/li>\n\n\n\n<li>Bears see a trading range and a test of a prior breakout point. They will look to sell high in this trading range, but currently, there are no bear bars to sell.<\/li>\n\n\n\n<li>It was a High 1 buy for the bulls, and we didn&#8217;t pause at the 15000 big figure, so we might need to come and test it again before moving higher.<\/li>\n\n\n\n<li>Measured move targets can attract profit-taking, but most bulls will not exit until there is a reasonable sell signal bar.<\/li>\n\n\n\n<li>Bears need consecutive bear bars, or an outside down bar, to make traders believe it is a failed breakout above the prior range.<\/li>\n\n\n\n<li>Although we are at the channel line, with many gaps below, most bulls will be happy to scale-in lower.<\/li>\n\n\n\n<li>Traders should expect sideways to up next week and get long above a bull bar closing on its high. Most traders will use a stop further away than they like so they should trade a smaller size.<\/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: DAX 40 Futures DAX futures was a big bull surprise bar on the monthly chart. Still always in long on this timeframe, and it looks like a leg in a trading range. It was a tight trading range to the left, so it was a magnet, and we might need to go sideways [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":169850,"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":[1698,136],"tags":[1700,1392],"class_list":{"0":"post-169758","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-surprise-bar","11":"entry","12":"override","13":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/02\/DAX-40-Bull-Surprise-Bar-Leg-in-a-Trading-Range.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\/169758","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=169758"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/169758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/169850"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=169758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=169758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=169758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}