{"id":173368,"date":"2023-03-11T07:00:00","date_gmt":"2023-03-11T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=173368"},"modified":"2023-03-11T00:31:10","modified_gmt":"2023-03-11T08:31:10","slug":"ftse-100-big-bear-surprise","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/ftse-100-big-bear-surprise\/","title":{"rendered":"FTSE 100 Big Bear Surprise as Bulls Exit, Testing Swing Low"},"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 moved lower with a big bear surprise last week as the Always-In bulls gave up and the bears started to short back to the moving average. The bulls see a pullback to move higher, and the bears want a failed breakout above the high of a trading range. The trend has been very strong, so more likely to continue after some movement sideways to down next week.<\/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>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-Bear-Surprise-as-Bulls-Exit-Testing-Swing-Low.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-as-Bulls-Exit-Testing-Swing-Low.jpg\" alt=\"FTSE 100 Big Bear Surprise as Bulls Exit, Testing Swing Low\" class=\"wp-image-173394\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-as-Bulls-Exit-Testing-Swing-Low.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-as-Bulls-Exit-Testing-Swing-Low-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-as-Bulls-Exit-Testing-Swing-Low-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-as-Bulls-Exit-Testing-Swing-Low-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-as-Bulls-Exit-Testing-Swing-Low-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Bear Surprise as Bulls Exit, Testing Swing Low<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.ig.com\/en\/indices\/markets-indices\/ftse-100\" target=\"_blank\" rel=\"noreferrer noopener\">FTSE 100 futures<\/a> was a bear surprise bar closing near its low, so we might gap down on Monday.<\/li>\n\n\n\n<li>It is a 4-bar bear micro channel, so some traders might expect the first reversal to be minor.<\/li>\n\n\n\n<li>The bulls see a tight bull channel breaking above the all-time high (ATH).<\/li>\n\n\n\n<li>It has been nearly 20 bars since there was a bar closing below the 20-bar moving average, so the bulls will likely buy here. <\/li>\n\n\n\n<li>Either the first touch, the first close below or the first bar completely below the average are good candidates for a buy signal in a bull channel.<\/li>\n\n\n\n<li>The bears see 3 pushes up &#8211; so it&#8217;s a wedge top, and they were looking for a reversal below a good bear bar. It&#8217;s a kind of micro head and shoulders top.<\/li>\n\n\n\n<li>But a small bull bar was a bad sell signal last week. So we might need to come up and test the low of last week again.<\/li>\n\n\n\n<li>The bears want a continuation to sell down below the moving average. It&#8217;s a small gap above the prior high, and we did not close it. So it is not as bearish as it could be.<\/li>\n\n\n\n<li>Buying on Friday at the lows was strong, so we can expect more buying as we dip below. The bulls want to get a reasonable buy signal, a High 1 or a 2<sup>nd<\/sup> entry High 2 buy around the prior high.<\/li>\n\n\n\n<li>This would create a breakout, follow through, and test to go higher.<\/li>\n\n\n\n<li>The bears are going to expect a 2<sup>nd<\/sup> leg sideways to down after such a large bear surprise, and they might get it.<\/li>\n\n\n\n<li>Always in bulls exited below last week, which created this week&#8217;s bar.<\/li>\n\n\n\n<li>Expect sideways to down next week.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/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-Bear-Surprise-Bouncing-at-Swing-Low.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-Bouncing-at-Swing-Low.jpg\" alt=\"FTSE 100 Bear Surprise Bouncing at Swing Low\" class=\"wp-image-173398\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-Bouncing-at-Swing-Low.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-Bouncing-at-Swing-Low-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-Bouncing-at-Swing-Low-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-Bouncing-at-Swing-Low-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-Bouncing-at-Swing-Low-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Bear Surprise Bouncing at Swing Low<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.ig.com\/en\/indices\/markets-indices\/ftse-100\" target=\"_blank\" rel=\"noreferrer noopener\">FTSE 100 futures<\/a> was a big bear surprise bar closing near its low so we might gap down on Monday.<\/li>\n\n\n\n<li>It is the largest bear bar we have seen in months.<\/li>\n\n\n\n<li>The move ended at a measured move from the pullback two weeks ago.<\/li>\n\n\n\n<li>Last week was the first time limit bears have made money in nearly 6 weeks.<\/li>\n\n\n\n<li>Last week was the first time stop-entry bears made money &#8211; so what kind of trend is it? A weak one.<\/li>\n\n\n\n<li>The bulls see gaps all the way up, and until they are closed, the bull trend is still intact. We stopped at a swing low, and the always-in bulls have stops below there, so they will likely defend it next week.<\/li>\n\n\n\n<li>The trend is transitioning into a broad bull channel, a kind of slanted trading range.<\/li>\n\n\n\n<li>The bulls see a pullback and breakout test of the prior ATH and a trading range breakout. Most trends do not reverse from bull to bear or bear to bull without going sideways. <\/li>\n\n\n\n<li>We might have started it already.<\/li>\n\n\n\n<li>The bears see a possible head and shoulders top and are looking for a further move down.<\/li>\n\n\n\n<li>It is also a 20-bar MA Gap Bar buy setup &#8211; the first time in over 20 bars to be completely below the moving average. <\/li>\n\n\n\n<li>But it&#8217;s a bear bar closing on its low, so some traders will wait for a better buy signal, like a bull bar closing above its midpoint before entering.<\/li>\n\n\n\n<li>Some limit bulls will enter, taking a chance that stop bears will not sell below the bar. They see it as a bear climax and a possible double-bottom buy setup.<\/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 moved lower with a big bear surprise last week as the Always-In bulls gave up and the bears started to short back to the moving average. The bulls see a pullback to move higher, and the bears want a failed breakout above the high of a trading [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":173398,"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":[1699,1392],"class_list":{"0":"post-173368","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ftse-100","8":"category-analysis","9":"tag-ftse-100","10":"tag-surprise-bar","11":"entry","12":"override","13":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/03\/FTSE-100-Bear-Surprise-Bouncing-at-Swing-Low.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\/173368","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=173368"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/173368\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/173398"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=173368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=173368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=173368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}