{"id":172853,"date":"2023-03-04T07:00:00","date_gmt":"2023-03-04T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=172853"},"modified":"2023-03-04T02:17:39","modified_gmt":"2023-03-04T10:17:39","slug":"ftse-breakout-and-follow-through","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/ftse-breakout-and-follow-through\/","title":{"rendered":"FTSE 100 Bull Breakout and Follow Through, ATH"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: FTSE 100 Futures<\/h2>\n\n\n\n<p>The&nbsp;<strong>FTSE futures <\/strong>market moved higher last month with bull breakout and follow through. Although this month had a tail on top, the probability is still always in long. Because of the sideways action and the lack of high-probability stop-entries, many limit-order traders will be betting on more sideways. If you had to be in, it is better to be long or flat. Most bears will expect a better sell signal before selling for a test of the breakout points and perhaps deeper into the range below.<\/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\/03\/FTSE-Weekend-Report.pptx.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-Weekend-Report.pptx.jpg\" alt=\"FTSE 100 Bull Breakout and Follow Through, at All-time High\" class=\"wp-image-172923\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-Weekend-Report.pptx.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-Weekend-Report.pptx-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-Weekend-Report.pptx-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-Weekend-Report.pptx-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-Weekend-Report.pptx-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\"><strong>FTSE 100 Bull Breakout and Follow Through, ATH<\/strong><\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/uk-100-futures\" target=\"_blank\" rel=\"noreferrer noopener\">FTSE 100 futures<\/a> was a bull bar closing below its midpoint with a big tail above.<\/li>\n\n\n\n<li>It&#8217;s a bull breakout and follow through at an all-time high.<\/li>\n\n\n\n<li>Traders see a 5-bar bull micro channel, so expect the first reversal to be minor. Bulls will likely buy the first bar to go below the low of a prior bar on the monthly chart.<\/li>\n\n\n\n<li>The bulls see a breakout above a trading range and want a measured move up. <\/li>\n\n\n\n<li>The bulls also hit a swing target and a measured move target from the November buy signal trading above October.<\/li>\n\n\n\n<li>The bears saw strong tails at the all-time high (ATH) and prior high of the trading range, and were always going to sell strongly there. Because January was such a strong bar, they sold February.<\/li>\n\n\n\n<li>The bears want a micro double top in March to sell below, even though they know the reversal will likely be minor.<\/li>\n\n\n\n<li>The bulls need a pullback to the breakout point and a bear bar on the monthly with a tail to have a chance at a second leg up out of the range.<\/li>\n\n\n\n<li>It is more likely both will be disappointed. Either a big bear bar, with a size too large for bears to sell. Or a weak bull inside bar, forcing traders to buy high.<\/li>\n\n\n\n<li>We are also at the 8000 Big Round Number, so we might go sideways here as traders decide where to go.<\/li>\n\n\n\n<li>Expect sideways to up next month &#8211; traders will be watching the micro double top or breakout above February&#8217;s tail.<\/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\/03\/FTSE-100-Pullback-After-2-Bar-Reversal-Final-Flag.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Pullback-After-2-Bar-Reversal-Final-Flag.jpg\" alt=\"FTSE 100 Pullback After 2-Bar Reversal, Final Flag\" class=\"wp-image-172927\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Pullback-After-2-Bar-Reversal-Final-Flag.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Pullback-After-2-Bar-Reversal-Final-Flag-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Pullback-After-2-Bar-Reversal-Final-Flag-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Pullback-After-2-Bar-Reversal-Final-Flag-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Pullback-After-2-Bar-Reversal-Final-Flag-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Pullback After 2-Bar Reversal, Final Flag<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/uk-100-futures\" target=\"_blank\" rel=\"noreferrer noopener\">FTSE 100 futures<\/a> was a small bull with tails above and below.<\/li>\n\n\n\n<li>It is a pullback after a bull breakout and 2-bar reversal for a possible final flag.<\/li>\n\n\n\n<li>Both traders see the tight channel, and we are always in long. <\/li>\n\n\n\n<li>Some bulls would have exited below last week&#8217;s bear bar closing on its low. Others will exit on a second reversal down.<\/li>\n\n\n\n<li>It&#8217;s a bull bar closing above its midpoint, so it is a buy signal. But it is not a high-probability trade after a big bear bar. So we are likely going to go sideways next week.<\/li>\n\n\n\n<li>Bulls see a complicated second leg up from the trading range lows. They see a breakout, follow-through, and stop entry bears unable to make money.<\/li>\n\n\n\n<li>They see limit-order bears unable to make money &#8211; the pullbacks never went below swing points. This means the trend is strong.<\/li>\n\n\n\n<li>Bears see a broad bull channel, a type of sloping trading range and are looking to sell second entries for a two-legged correction back to the moving average or inside the trading range before.<\/li>\n\n\n\n<li>Probability favours the bulls still, and we might need to form a wedge top or blow-off top buy climax before the bears get a corrective move down.<\/li>\n\n\n\n<li>The bears need another bear bar closing on its low to attract stop-entry bears.<\/li>\n\n\n\n<li>Limit-order bears will start to sell above the high of the bear bar, betting the stop for the bulls is too far away.<\/li>\n\n\n\n<li>Most traders should wait for consecutive bars to make it clearer for a stop entry.<\/li>\n\n\n\n<li>We are still on the bull breakout, so expect sideways to up next week.<\/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&nbsp;FTSE futures market moved higher last month with bull breakout and follow through. Although this month had a tail on top, the probability is still always in long. Because of the sideways action and the lack of high-probability stop-entries, many limit-order traders will be betting on more sideways. If you [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":172923,"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":[1873,1883,1699],"class_list":{"0":"post-172853","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-bull-follow-through","11":"tag-ftse-100","12":"entry","13":"override","14":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-Weekend-Report.pptx.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\/172853","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=172853"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/172853\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/172923"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=172853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=172853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=172853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}