{"id":175985,"date":"2023-04-15T07:00:00","date_gmt":"2023-04-15T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=175985"},"modified":"2023-04-14T23:22:31","modified_gmt":"2023-04-15T06:22:31","slug":"nasdaq-high-1-buy-signal","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/nasdaq-high-1-buy-signal\/","title":{"rendered":"NASDAQ High 1 Buy Signal"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: NASDAQ 100 Emini Futures<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.investing.com\/indices\/nq-100-futures\" target=\"_blank\" rel=\"noreferrer noopener\">The <strong>NASDAQ Emini<\/strong> futures market<\/a> triggered the weak doji sell signal bar of last week, ending as a small Nasdaq High 1 buy signal bull reversal bar with small tails above and below.<\/p>\n\n\n\n<p>Bulls hope this is a reversal for another leg up. Bears would like the market to go more sideways in the hopes of increasing their chances of a pullback.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">NASDAQ 100 Emini futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> NASDAQ chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Weekly-High-1-buy-signal.png\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Weekly-High-1-buy-signal-680x383.png\" alt=\"Nasdaq High 1 buy signal on weekly chart\" class=\"wp-image-176048\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Weekly-High-1-buy-signal-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Weekly-High-1-buy-signal-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Weekly-High-1-buy-signal-768x432.png 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Weekly-High-1-buy-signal-1536x864.png 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Weekly-High-1-buy-signal.png 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>There is not much new this week.<\/li>\n\n\n\n<li>As was likely, bulls bought the weak sell signal bar of last week.<\/li>\n\n\n\n<li>This week is a Nasdaq High 1 buy signal bar.<\/li>\n\n\n\n<li>The next bull target is the close of Week of 8\/8 at 13569.75 \u2013 the last bull bar of the micro channel up in August. That was a reasonable buy the close bar, and there are trapped bulls up there.<\/li>\n\n\n\n<li>The market is close enough to this target that it should reach it.<\/li>\n\n\n\n<li>The 2<sup>nd<\/sup> leg up since March is also a 3 bar bull micro channel (low of each bar higher than prior bar low) which means there will likely be another leg up after a pullback even if for one bar.<\/li>\n\n\n\n<li>There is also a body gap created by the week of 1\/30 \u2013 There has not been a bear close after the market broke above the close of 1\/30 that overlaps with the body of 1\/30.<\/li>\n\n\n\n<li>If the market goes sideways for a few weeks, bears will try to get a leg down like they did at the end of the first leg up in early February.<\/li>\n\n\n\n<li>The first target for bears will be to close the body gap by going below close of 1\/30 \u2013 12613.25<\/li>\n\n\n\n<li>As strong as the move up since October, since the reversal did not start with a bull signal bar, this is still likely a minor reversal, and the market may have to test back down again even if after 6-10 months.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> NASDAQ chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Daily-Tight-Trading-Range.png\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Daily-Tight-Trading-Range-680x383.png\" alt=\"Nasdaq Daily Tight Trading Range\" class=\"wp-image-176052\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Daily-Tight-Trading-Range-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Daily-Tight-Trading-Range-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Daily-Tight-Trading-Range-768x432.png 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Daily-Tight-Trading-Range-1536x864.png 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/04\/NASDAQ-Daily-Tight-Trading-Range.png 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Friday was a small bull bar with tails above and below.<\/li>\n\n\n\n<li>This week was a tight trading range (TTR).<\/li>\n\n\n\n<li>While Monday was a bull bar, Tuesday and Wednesday sold off to below Monday, where buyers came in.<\/li>\n\n\n\n<li>Thursday and Friday were bull bars closing near the high of the range.<\/li>\n\n\n\n<li>Most of the daily bars this week are trend bars.<\/li>\n\n\n\n<li>The market may be going sideways for the exponential moving average (EMA) to catch up.<\/li>\n\n\n\n<li>When there is a pullback, some of the possible targets and areas of support are shown in the chart.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\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: NASDAQ 100 Emini Futures The NASDAQ Emini futures market triggered the weak doji sell signal bar of last week, ending as a small Nasdaq High 1 buy signal bull reversal bar with small tails above and below. Bulls hope this is a reversal for another leg up. Bears would like the market to [&hellip;]<\/p>\n","protected":false},"author":3331,"featured_media":0,"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":[136,1849],"tags":[329,1850],"class_list":{"0":"post-175985","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-analysis","7":"category-nasdaq-100","8":"tag-high-1-buy-signal","9":"tag-nasdaq-100","10":"entry","11":"has-post-thumbnail","12":"override","13":"shadow"},"featured_image_src":null,"author_info":{"display_name":"Rajesh","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/rajeshh_98yahoo-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/175985","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\/3331"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=175985"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/175985\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=175985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=175985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=175985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}