{"id":189468,"date":"2023-09-16T07:00:00","date_gmt":"2023-09-16T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=189468"},"modified":"2023-09-15T15:06:09","modified_gmt":"2023-09-15T22:06:09","slug":"nasdaq-100-three-pushes-up-from-8-18","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/nasdaq-100-three-pushes-up-from-8-18\/","title":{"rendered":"Nasdaq 100 Three Pushes up from 8\/18"},"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\" data-type=\"link\" data-id=\"https:\/\/www.investing.com\/indices\/nq-100-futures\" rel=\"noreferrer noopener\"><strong>NASDAQ Emini<\/strong> futures<\/a> week is a consecutive sell signal bar with its low above last week\u2019s low. On the daily chart, this week looks like the 2<sup>nd<\/sup> and 3<sup>rd<\/sup> push of three pushes up from 8\/18. \u00ad\u00adThe market tried breaking out above last week\u2019s high and reversed.<\/p>\n\n\n\n<p>The 2<sup>nd<\/sup> leg down for the move down from 7\/31 is still in play.<\/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\/09\/NASDAQ-Weekly-consecutive-sell-signal-bar.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Weekly-consecutive-sell-signal-bar-680x383.jpg\" alt=\"Nasdaq Weekly consecutive sell signal bar\" class=\"wp-image-189504\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Weekly-consecutive-sell-signal-bar-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Weekly-consecutive-sell-signal-bar-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Weekly-consecutive-sell-signal-bar-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Weekly-consecutive-sell-signal-bar-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Weekly-consecutive-sell-signal-bar.jpg 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 good-looking bear reversal bar just above last week\u2019s high.<\/li>\n\n\n\n<li>The week gapped up above last week\u2019s high and tried breaking above it.<\/li>\n\n\n\n<li>However, by the end of the week, the bar had become a bear bar closing near its now.<\/li>\n\n\n\n<li>So, the question is \u2013 Is this a better sell signal bar than last week? While the bar is a stronger bar than last week and has small tails, it is higher in price than last week and has quite a bit of overlap with last week\u2019s body.<\/li>\n\n\n\n<li>What that means is that it is not likely to result in a bear breakout, and more so a bar or two with tails below, and buyers below last week\u2019s low.<\/li>\n\n\n\n<li>Buyers will likely come in below the low of week of 8\/28 which was a strong bull bar.<\/li>\n\n\n\n<li>There is also the outstanding test of the exponential moving average (EMA)<\/li>\n\n\n\n<li>Bears wanted to close the body gap with March 2022, which they did couple of weeks ago, although with only a small overlap.<\/li>\n\n\n\n<li>If bulls can go up from here, the body gap close would be a considered a negative gap \u2013 a small overlap, but trend resumption up.<\/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\/09\/NASDAQ-Daily-three-pushes-up-from-8-18.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Daily-three-pushes-up-from-8-18-680x383.jpg\" alt=\"Nasdaq Daily three pushes up from 8\/18\" class=\"wp-image-189507\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Daily-three-pushes-up-from-8-18-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Daily-three-pushes-up-from-8-18-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Daily-three-pushes-up-from-8-18-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Daily-three-pushes-up-from-8-18-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Daily-three-pushes-up-from-8-18.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Friday is a big bear trend bar resting on the daily EMA.<\/li>\n\n\n\n<li>The daily chart looks like a wedge \u2013 3 pushes up. The 2nd and 3rd pushes have bad sell signal bars so likely more sideways and nested wedges till there is a better sell signal bar.<\/li>\n\n\n\n<li>Monday had a big surprise gap up above last week\u2019s high and far above the daily EMA.<\/li>\n\n\n\n<li>It was a chance for the bulls to trap the bears by breaking out above last week\u2019s high.<\/li>\n\n\n\n<li>Tuesday gapped near Monday\u2019s low and closed on its low. It also closed the breakout gap over last week close\/high.<\/li>\n\n\n\n<li>Wednesday was a good bull reversal bar and Thursday a follow-through bar and the market was back near the high of the week.<\/li>\n\n\n\n<li>Friday gapped down again and sold off relentlessly to create the biggest bear bar since 8\/24.<\/li>\n\n\n\n<li>Given big bars like this usually don\u2019t have follow-through, Monday is likely a bull reversal bar around Friday\u2019s low, or for Monday to gap up and be an inside bar.<\/li>\n\n\n\n<li>The week would have been a strong bull bar if the week had closed on Thursday. It is interesting that Friday reversed the entire bullishness of the week.<\/li>\n\n\n\n<li>8\/29 was a strong bull bar. There should be buyers below that bar if the market gets there.<\/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 week is a consecutive sell signal bar with its low above last week\u2019s low. On the daily chart, this week looks like the 2nd and 3rd push of three pushes up from 8\/18. \u00ad\u00adThe market tried breaking out above last week\u2019s high and reversed. The [&hellip;]<\/p>\n","protected":false},"author":3331,"featured_media":189504,"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":[1850],"class_list":{"0":"post-189468","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysis","8":"category-nasdaq-100","9":"tag-nasdaq-100","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/09\/NASDAQ-Weekly-consecutive-sell-signal-bar.jpg","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\/189468","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=189468"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/189468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/189504"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=189468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=189468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=189468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}