{"id":182839,"date":"2023-07-08T07:00:00","date_gmt":"2023-07-08T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=182839"},"modified":"2023-07-08T01:27:30","modified_gmt":"2023-07-08T08:27:30","slug":"dax-40-tight-trading-range-ma","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/dax-40-tight-trading-range-ma\/","title":{"rendered":"DAX 40 Tight Trading Range at MA in Bull Channel"},"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> has been stuck in a tight trading range for several weeks, and this is the first touch of the MA. The bears see a possible second entry short &#8211; but at the MA is not great. Bulls will happily buy the MA and below in such a strong bull channel. But perhaps they want to see another leg down to get a better price.<\/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\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Tight-Trading-Range-at-MA-in-Bull-Channel.jpg\" alt=\"DAX 40 Tight Trading Range at MA in Bull Channel\" class=\"wp-image-182904\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Tight-Trading-Range-at-MA-in-Bull-Channel.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Tight-Trading-Range-at-MA-in-Bull-Channel-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Tight-Trading-Range-at-MA-in-Bull-Channel-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Tight-Trading-Range-at-MA-in-Bull-Channel-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Tight-Trading-Range-at-MA-in-Bull-Channel-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><figcaption class=\"wp-element-caption\">DAX 40 Tight Trading Range at MA in Bull Channel<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/germany-30\" target=\"_blank\" rel=\"noreferrer noopener\">DAX 40 futures<\/a> reversed down last week in a tight trading range with a big bear bar closing on its low, so we might gap down on Monday.<\/li>\n\n\n\n<li>It might be transitioning out of a tight trading range and could be the bottom of an expanding triangle.<\/li>\n\n\n\n<li>This strong trendline will probably attract buyers who might also scale in lower if it does not work.<\/li>\n\n\n\n<li>It was a bear surprise bar, and if there is follow-through next week, we will probably see a second leg sideways to down.<\/li>\n\n\n\n<li>Selling at the MA in a bull channel is a low-probability trade. But it might set up a wedge top swing sell.<\/li>\n\n\n\n<li>The trading range is tight, and TTRs resist breakouts. Next week can also reverse strongly as scale-in bulls buy more to scale out.<\/li>\n\n\n\n<li>The bull bar two weeks ago was expected &#8211; traders that BTC of the strong bull bar got a chance to buy the low and get out breakeven.<\/li>\n\n\n\n<li>We then triggered the sell above that bar &#8211; good for bulls. They are trapped but should get a chance to get out without a loss.<\/li>\n\n\n\n<li>The problem for them is where is the buy signal. It is better to buy above a bull bar closing above its midpoint.<\/li>\n\n\n\n<li>The bulls see a bull channel that is strong and open gaps. Although the bears closed the gap this week, high probability shorts are at the highs and in the top thirds.<\/li>\n\n\n\n<li>If it has converted into a TR, then a Low 1 and Low 2 here is not a good sell signal. So if selling, it can only be for a swing as the probability is not great.<\/li>\n\n\n\n<li>The bears want a breakout of the tight trading range and MM down. That would be back to the swing low. Scale in bulls are probably waiting there.<\/li>\n\n\n\n<li>The first bear bar completely below the MA is also a high-probability buy signal. So the bears have more work to do.<\/li>\n\n\n\n<li>Expect sideways to down next week to see if there can be follow-through selling. <\/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\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bear-Spike-Weak-Reversal-Testing-BO-Point.jpg\" alt=\"DAX 40 Bear Spike, Weak Reversal, Testing BO Point\" class=\"wp-image-182909\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bear-Spike-Weak-Reversal-Testing-BO-Point.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bear-Spike-Weak-Reversal-Testing-BO-Point-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bear-Spike-Weak-Reversal-Testing-BO-Point-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bear-Spike-Weak-Reversal-Testing-BO-Point-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/DAX-40-Bear-Spike-Weak-Reversal-Testing-BO-Point-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><figcaption class=\"wp-element-caption\">DAX 40 Bear Spike, Weak Reversal, Testing BO Point<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/germany-30\" target=\"_blank\" rel=\"noreferrer noopener\">DAX 40 futures<\/a> was a bull doji on Friday.<\/li>\n\n\n\n<li>It was a pause bar after a bear surprise in a strong bear microchannel, so traders will expect the first reversal up to be minor.<\/li>\n\n\n\n<li>But we broke below a major swing point, a higher low, so the bears will probably get a measured move down.<\/li>\n\n\n\n<li>The bulls see three legs down, a possible wedge bottom testing the prior breakout point. But there is no buy signal yet.<\/li>\n\n\n\n<li>Bulls will probably need a second consecutive bull bar to get them interested in buying.<\/li>\n\n\n\n<li>It is a tight trading range on a HTF so traders should be careful of strong pullbacks.<\/li>\n\n\n\n<li>The bears see a possible head and shoulders top, lower high, MTR, and strong second leg down. They count only two legs and expect a third leg, perhaps symmetrical to the last leg.<\/li>\n\n\n\n<li>There is a triangle lower that we might need to test from March. Bears were shorting a lower high and got stuck there, so they might be trapped.<\/li>\n\n\n\n<li>Big bars in TRs attract profit-taking, and we are far below the MA, so we might need to test back before moving down further.<\/li>\n\n\n\n<li>We are always in short, so traders should be short or flat.<\/li>\n\n\n\n<li>Bears want a measured move from the lower high above.<\/li>\n\n\n\n<li>The bears broke a swing low, so now it is the bottom of a trading range &#8211; but they want to get to the lower part of this larger trading range. <\/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 has been stuck in a tight trading range for several weeks, and this is the first touch of the MA. The bears see a possible second entry short &#8211; but at the MA is not great. Bulls will happily buy the MA and below in such a strong [&hellip;]<\/p>\n","protected":false},"author":10339,"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":[1698,136],"tags":[1700],"class_list":["post-182839","post","type-post","status-publish","format-standard","category-dax-40","category-analysis","tag-dax-40","entry","has-post-thumbnail","override","shadow"],"featured_image_src":null,"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\/182839","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=182839"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/182839\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=182839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=182839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=182839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}