{"id":178141,"date":"2023-05-13T07:00:00","date_gmt":"2023-05-13T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=178141"},"modified":"2023-05-13T03:09:10","modified_gmt":"2023-05-13T10:09:10","slug":"dax-40-inside-bar","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/dax-40-inside-bar\/","title":{"rendered":"DAX 40 Inside Bar, Weak Bear Close in Expanding Triangle"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: DAX 40 Futures<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>DAX futures<\/strong> moved sideways last week, with a DAX 40 inside bar closing above its midpoint. The bull trend has been strong, and without bears closing consecutive bear bars, it&#8217;s hard for bears to swing short. There are open gaps below, and it looks like the bulls will get to the all-time high. Often price can get close to a magnet before reversing &#8211; but the expectation is that we will get there and form a double top at least before going down.<\/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>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\/05\/DAX-40-Inside-Bar-Weak-Bear-Close-in-Expanding-Triangle-2.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Inside-Bar-Weak-Bear-Close-in-Expanding-Triangle-2.jpg\" alt=\"DAX 40 Inside Bar, Weak Bear Close in Expanding Triangle\" class=\"wp-image-178227\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Inside-Bar-Weak-Bear-Close-in-Expanding-Triangle-2.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Inside-Bar-Weak-Bear-Close-in-Expanding-Triangle-2-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Inside-Bar-Weak-Bear-Close-in-Expanding-Triangle-2-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Inside-Bar-Weak-Bear-Close-in-Expanding-Triangle-2-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Inside-Bar-Weak-Bear-Close-in-Expanding-Triangle-2-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Inside Bar, Weak Bear Close in Expanding Triangle<\/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 bearish inside bar following consecutive outside bars.<\/li>\n\n\n\n<li>We are at the top of an expanding triangle which in a trend is often a continuation pattern with a lower probability of a reversal (down.)<\/li>\n\n\n\n<li>The bulls see a strong and tight bull channel, many bars above the MA.<\/li>\n\n\n\n<li>The bears see a wider trading range that we are at the top of. They know the math favours selling at the top of a trading range and are looking to get a good entry for a larger profit target below.<\/li>\n\n\n\n<li>But where are the sell signal bars?<\/li>\n\n\n\n<li>Bears need a move that closes the gaps above bull breakouts &#8211; and then they can start to sell.<\/li>\n\n\n\n<li>Until then, expect bear moves to fail and become with-trend buy setups.<\/li>\n\n\n\n<li>Both limit-order bulls and stop-order bulls are making money. <\/li>\n\n\n\n<li>Stop-order bears are not making money, and neither are limit-order bears. The small gap above February&#8217;s bars indicates that the limit-order bears did not get out breakeven. <\/li>\n\n\n\n<li>This is a strong bull trend still, even though it is sideways.<\/li>\n\n\n\n<li>Consecutive outside bars and then an inside bar &#8211; a volatility contraction. This is often followed by a volatility expansion &#8211; a breakout in either direction.<\/li>\n\n\n\n<li>With two outside bars, there is a layer of support and resistance above and below the bars.<\/li>\n\n\n\n<li>Shrinking bodies mean the trend is weakening. Bulls are not buying closes but pullbacks and bad opposite signals.<\/li>\n\n\n\n<li>Six bars with a bull BO above them is a sign of strong bulls, so a type of small pullback bull trend on a lower timeframe.<\/li>\n\n\n\n<li>We are so close to the all-time high that we might need to go and test it. That could be the failed breakout above and reversal to start off the next move.<\/li>\n\n\n\n<li>Traders should expect sideways to up next week.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/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\/05\/DAX-40-Small-Pullback-Bull-Trend.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Small-Pullback-Bull-Trend.jpg\" alt=\"DAX 40 Small Pullback Bull Trend\" class=\"wp-image-178230\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Small-Pullback-Bull-Trend.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Small-Pullback-Bull-Trend-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Small-Pullback-Bull-Trend-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Small-Pullback-Bull-Trend-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Small-Pullback-Bull-Trend-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Small Pullback Bull Trend<\/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 small bull inside bar, closing below its midpoint. Indecision.<\/li>\n\n\n\n<li>The bulls see an expanding triangle, a tight trading range sitting at the moving average, which has been support for many weeks.<\/li>\n\n\n\n<li>The bears see a small head and shoulders top, looking for a strong break below and a measured move down.<\/li>\n\n\n\n<li>Wednesday was an outside down bar, so sellers above. They got some follow-through, but tails mean the bears are still scalping, and bulls are buying below bars.<\/li>\n\n\n\n<li>There is still a small gap below the bull breakout point, so until the bears close that gap, it has a higher probability of going up, even if the pullbacks get stronger.<\/li>\n\n\n\n<li>The moving average has been resistance for the last few weeks and broadly for much longer, so expect buyers there. Bears need a strong break below and a low 2 short closing on its low to convince bears to swing sell.<\/li>\n\n\n\n<li>The bears see four consecutive bear bars, which is strong enough for a second leg of its own. Perhaps they get down to the channel line before reversing.<\/li>\n\n\n\n<li>Wednesday and Thursday were a strong bear reversal. Wednesday went above Tuesday, picking up the bull stop orders above the bar and then going outside-down, trapping them in. Now there are sell orders up there.<\/li>\n\n\n\n<li>Thursday was a climax bar, but it had follow-through. Some traders will see that as a surprise and expect a second leg sideways to down.<\/li>\n\n\n\n<li>Traders should expect sideways to up until the bears get a strong pair of closes.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">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 moved sideways last week, with a DAX 40 inside bar closing above its midpoint. The bull trend has been strong, and without bears closing consecutive bear bars, it&#8217;s hard for bears to swing short. There are open gaps below, and it looks like the bulls will get to [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":178227,"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":[1700,68,1865],"class_list":["post-178141","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dax-40","category-analysis","tag-dax-40","tag-expanding-triangle","tag-inside-bar","entry","override","shadow"],"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/05\/DAX-40-Inside-Bar-Weak-Bear-Close-in-Expanding-Triangle-2.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\/178141","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=178141"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/178141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/178227"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=178141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=178141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=178141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}