{"id":185238,"date":"2023-08-05T07:00:00","date_gmt":"2023-08-05T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=185238"},"modified":"2023-08-05T00:31:09","modified_gmt":"2023-08-05T07:31:09","slug":"ftse-100-bear-outside-bar-tr","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/ftse-100-bear-outside-bar-tr\/","title":{"rendered":"FTSE 100 Big Bear Outside Bar in Middle of TR"},"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 down last week with a bear outside bar. That means we triggered buyers above after a bull microchannel in the middle of a trading range. There were buyers again at the 200-week MA. It might be difficult for bears to sell through it. This week is now a bad buy and a bad sell signal, so we might go sideways 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\/08\/FTSE-100-Bear-Outside-Bar-in-Middle-of-TR.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Outside-Bar-in-Middle-of-TR.jpg\" alt=\"FTSE 100 Bear Outside Bar in Middle of TR\" class=\"wp-image-185331\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Outside-Bar-in-Middle-of-TR.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Outside-Bar-in-Middle-of-TR-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Outside-Bar-in-Middle-of-TR-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Outside-Bar-in-Middle-of-TR-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Outside-Bar-in-Middle-of-TR-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Bear Outside Bar in Middle of TR<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/uk-100-futures\" target=\"_blank\" rel=\"noreferrer noopener\">FTSE 100 futures<\/a> was a bear outside bar last week. <\/li>\n\n\n\n<li>It triggered the buyers above a bull microchannel.<\/li>\n\n\n\n<li>The bull leg was strong, so we should get a second leg sideways to up. But the outside bar is disappointing, so it might be just one bull bar up to the trigger point.<\/li>\n\n\n\n<li>The bulls see an HL DB,  a wedge bottom after a bull BO to a new ATH. <\/li>\n\n\n\n<li>They bought again near the 200-week MA; as all MAs are moving up, it is a bull trend.<\/li>\n\n\n\n<li>Bull trends encourage bulls to buy high, knowing they can buy lower if it forms a trading range and at least get out breakeven if disappointed.<\/li>\n\n\n\n<li>The bears see a trading range and failed BO above a TR. The bear legs have been too strong to call it a bull trend, so they will sell above the highs.<\/li>\n\n\n\n<li>There is a LH and a HL &#8211; so it&#8217;s a triangle, and we are right in the middle, which might be where we stay for the next few weeks.<\/li>\n\n\n\n<li>The bulls broke to a new high and bought pullback. The pullback was strong but failed at the MA &#8211; trapping them in.<\/li>\n\n\n\n<li>The bears could not run the bull stops, so we strongly reversed back to where they got stuck.<\/li>\n\n\n\n<li>Last week you can see they exited out of that position.<\/li>\n\n\n\n<li>Some aggressive bears shorted the bull microchannel because it was a BO from an inside bar, which is a reasonable fade trade.<\/li>\n\n\n\n<li>Consecutive bars closed above the MA, but a 20-bar MA gap bar sell worked.<\/li>\n\n\n\n<li>It&#8217;s a weak sell signal low in a trading range, so there are probably more buyers below.<\/li>\n\n\n\n<li>Expect sideways to up 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\/08\/FTSE-100-Gap-Closed-Testing-BO-Point-and-MA.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Gap-Closed-Testing-BO-Point-and-MA.jpg\" alt=\"FTSE 100 Gap Closed, Testing BO Point and MA\" class=\"wp-image-185335\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Gap-Closed-Testing-BO-Point-and-MA.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Gap-Closed-Testing-BO-Point-and-MA-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Gap-Closed-Testing-BO-Point-and-MA-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Gap-Closed-Testing-BO-Point-and-MA-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Gap-Closed-Testing-BO-Point-and-MA-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Gap Closed, Testing BO Point and MA<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/uk-100-futures\" target=\"_blank\" rel=\"noreferrer noopener\">FTSE 100 futures<\/a> last week was small bull bar closing on its high, so we might gap up on Monday.<\/li>\n\n\n\n<li>The bulls closed the gap above after a strong BO from a bear channel. The trendline break was strong and did not allow bears to exit breakeven.<\/li>\n\n\n\n<li>Bears selling the MA also sold and got trapped. Both could exit on Thursday with that big tail.<\/li>\n\n\n\n<li>The bull leg was very strong, so traders will expect a small leg sideways to up.<\/li>\n\n\n\n<li>But the bear selloff was surprising as well &#8211; so they might get one more bar down.<\/li>\n\n\n\n<li>Now bulls are trapped above at the BO point and MA. Bulls want to move up quickly to let them out.<\/li>\n\n\n\n<li>The last bears are stuck on July 17th with a bear bar a reasonable sell signal at the MA. The trouble with that sell was it was late in a bear trend so most traders should not take it.<\/li>\n\n\n\n<li>We are behaving like a trading range, so traders should BLSHS and take quick profits.<\/li>\n\n\n\n<li>It is a bear outside bar on the weekly, so trading range behaviour and likely sellers above now.<\/li>\n\n\n\n<li>Friday was a small bar, so we will likely go above and below it. Most traders should wait for consecutive bull bars before buying. <\/li>\n\n\n\n<li>Now we are below the moving average, so we might go sideways for 2 more days before traders decide where to next.<\/li>\n\n\n\n<li>Bears might exit above this Friday&#8217;s bar. But it is too early to buy.<\/li>\n\n\n\n<li>Expect sideways to down next week.<\/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 down last week with a bear outside bar. That means we triggered buyers above after a bull microchannel in the middle of a trading range. There were buyers again at the 200-week MA. It might be difficult for bears to sell through it. This week is [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":185331,"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],"class_list":{"0":"post-185238","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":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/08\/FTSE-100-Bear-Outside-Bar-in-Middle-of-TR.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\/185238","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=185238"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/185238\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/185331"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=185238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=185238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=185238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}