{"id":182841,"date":"2023-07-08T07:00:00","date_gmt":"2023-07-08T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=182841"},"modified":"2023-07-07T15:40:38","modified_gmt":"2023-07-07T22:40:38","slug":"nasdaq-100-second-bear-reversal-as-many-weeks","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/nasdaq-100-second-bear-reversal-as-many-weeks\/","title":{"rendered":"Nasdaq 100 Second Bear Reversal Bar in as Many Weeks"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: NASDAQ 100 Emini Futures<\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.investing.com\/indices\/nq-100-futures\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>NASDAQ Emini<\/strong> futures<\/a> short trading week is a small bear reversal bar with small tails above and below. This is the second bear reversal bar in as many weeks.<\/p>\n\n\n\n<p>At this point bears would like a close below the prior bar. That has not happened since early March.<\/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\/07\/NASDAQ-Weekly-second-bear-reversal-bar-in-as-many-weeks.png\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Weekly-second-bear-reversal-bar-in-as-many-weeks-680x383.png\" alt=\"Nasdaq Weekly Second Bear reversal bar in as many weeks\" class=\"wp-image-182871\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Weekly-second-bear-reversal-bar-in-as-many-weeks-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Weekly-second-bear-reversal-bar-in-as-many-weeks-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Weekly-second-bear-reversal-bar-in-as-many-weeks-768x432.png 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Weekly-second-bear-reversal-bar-in-as-many-weeks-1536x864.png 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Weekly-second-bear-reversal-bar-in-as-many-weeks.png 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The week is a small bear reversal bar went above last week\u2019s outside up bar and then reversed down.<\/li>\n\n\n\n<li>Last week was an outside up bull bar. However, it went below the prior week\u2019s low by more than it went above prior week\u2019s high \u2013 this usually results in sellers above the outside bar to allow the trapped sellers to exit.<\/li>\n\n\n\n<li>This week found sellers.<\/li>\n\n\n\n<li>Bears need a good bear bar closing below the prior bar at the minimum. Then they will need a follow-through bar to convince traders that there will be more selling.<\/li>\n\n\n\n<li>The next target for bears would be to close the body gap with the March 2022 close.<\/li>\n\n\n\n<li>Most of the comments from <a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-best-pair-of-bull-bars-since-july-2020\/\" target=\"_blank\" rel=\"noreferrer noopener\">last week&#8217;s report<\/a> still applies.<\/li>\n\n\n\n<li>The next target for the bulls is:\n<ul class=\"wp-block-list\">\n<li>the low of week of 12\/20\/21 at 15492 because it was a big bull bar at the exponential moving average (EMA) and a reasonable buy.<\/li>\n\n\n\n<li>the bear body gap of the week of 11\/29\/2021 at 15686.5. This gap was created when the week of 1\/3\/2022 and 1\/10\/2022 had a close below the 11\/29\/2021 close and there has been no bull bar overlapping with the body of 11\/29\/2021.<\/li>\n<\/ul>\n<\/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\/07\/NASDAQ-Daily-pullback-to-ema.png\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Daily-pullback-to-ema-680x383.png\" alt=\"Nasdaq Daily Pullback to the EMA\" class=\"wp-image-182876\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Daily-pullback-to-ema-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Daily-pullback-to-ema-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Daily-pullback-to-ema-768x432.png 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Daily-pullback-to-ema-1536x864.png 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Daily-pullback-to-ema.png 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Friday is a bear reversal doji with a long tail above and a small tail below.<\/li>\n\n\n\n<li>Monday was a short trading day, and Tuesday was a trading holiday.<\/li>\n\n\n\n<li>Wednesday was an outside up bull bar although with a big tail above.<\/li>\n\n\n\n<li>Thursday gapped far below Wednesday but closed as a bull reversal bar.<\/li>\n\n\n\n<li>Friday triggered the bull reversal bar, went as high as the highest close of the week so far \u2013 Wednesday close and ended up as a bear bar.<\/li>\n\n\n\n<li>Given how far Thursday had fallen below Wednesday, it was likely to find sellers above Thursday.<\/li>\n\n\n\n<li>The market has been going sideways around the high close from 6\/15 and has not had a close higher than that since.<\/li>\n\n\n\n<li>It is likely that the market is waiting for the EMA to catch up.<\/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 short trading week is a small bear reversal bar with small tails above and below. This is the second bear reversal bar in as many weeks. At this point bears would like a close below the prior bar. That has not happened since early March. [&hellip;]<\/p>\n","protected":false},"author":3331,"featured_media":182871,"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":[1925,1850],"class_list":{"0":"post-182841","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysis","8":"category-nasdaq-100","9":"tag-bear-reversal","10":"tag-nasdaq-100","11":"entry","12":"override","13":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/07\/NASDAQ-Weekly-second-bear-reversal-bar-in-as-many-weeks.png","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\/182841","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=182841"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/182841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/182871"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=182841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=182841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=182841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}