{"id":192176,"date":"2023-10-14T07:00:00","date_gmt":"2023-10-14T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=192176"},"modified":"2023-10-14T05:17:30","modified_gmt":"2023-10-14T12:17:30","slug":"dax-40-sideways-at-swing-low","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/dax-40-sideways-at-swing-low\/","title":{"rendered":"DAX 40 Sideways at Bear Swing Target, Gap Closed"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: DAX 40 Futures<\/h2>\n\n\n\n<p><strong>DAX futures<\/strong> moved sideways last week, low in a trading range at the prior swing low. The bears closed the last gaps and have struggled to get a break below this possible wedge bottom channel line. Bulls want to buy, but it is still a low-probability trade until a good reversal signal exists.<\/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\/10\/DAX-40-Sideways-at-Bear-Swing-Target-Gap-Closed.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Sideways-at-Bear-Swing-Target-Gap-Closed.jpg\" alt=\"DAX 40 Sideways at Bear Swing Target, Gap Closed\" class=\"wp-image-192281\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Sideways-at-Bear-Swing-Target-Gap-Closed.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Sideways-at-Bear-Swing-Target-Gap-Closed-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Sideways-at-Bear-Swing-Target-Gap-Closed-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Sideways-at-Bear-Swing-Target-Gap-Closed-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Sideways-at-Bear-Swing-Target-Gap-Closed-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Sideways at Bear Swing Target, Gap Closed<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/germany-30-futures\" rel=\"noopener\">DAX 40 futures<\/a> last week was a small bull doji with a big tail above.<\/li>\n\n\n\n<li>It traded above the prior bar&#8217;s high, so it was a High 1, a reasonable sell signal after a bear breakout.<\/li>\n\n\n\n<li>The bulls see an attempt at a wedge bottom, a double bottom with the March swing low and the low of a trading range.<\/li>\n\n\n\n<li>It is also a swing target that bears took high in the expanding triangle that worked out. In 12 months, it is the first swing the bears have made successfully.<\/li>\n\n\n\n<li>The bears saw a breakout below a DB and expected a measured move down. <\/li>\n\n\n\n<li>Other bears saw the wedge top &#8211;  a duelling lines pattern &#8211; a wedge top to a  double top as a reasonable sell signal for 2 legs down. The move should be about half the pattern.<\/li>\n\n\n\n<li>But the bears are having trouble attracting sellers below the lows here. The stop is now far away, and so is the MA. Some will wait to sell a bit higher for a possible third leg.<\/li>\n\n\n\n<li>The bulls wanted a strong High 2 with the prior leg or a good reversal bar. If they can get a bull bar to close above a bull bar, that would be a sign of strength, and we should start to go sideways.<\/li>\n\n\n\n<li>The bulls know that broad bull channels tend to become trading ranges rather than reverse into bear trends. This is likely a leg in a TR.<\/li>\n\n\n\n<li>But 3 bear bars down, traders might expect one more leg. It could even be just one bar.<\/li>\n\n\n\n<li>The bears will probably get one more bar, and the bulls can take out their lower high. <\/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\/10\/DAX-40-Big-Up-Big-Down-Big-Confusion-TR.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Big-Up-Big-Down-Big-Confusion-TR.jpg\" alt=\"DAX 40 Big Up, Big Down, Big Confusion, TR\" class=\"wp-image-192285\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Big-Up-Big-Down-Big-Confusion-TR.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Big-Up-Big-Down-Big-Confusion-TR-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Big-Up-Big-Down-Big-Confusion-TR-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Big-Up-Big-Down-Big-Confusion-TR-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Big-Up-Big-Down-Big-Confusion-TR-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Big Up, Big Down, Big Confusion, TR<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.investing.com\/indices\/germany-30-futures\" rel=\"noopener\">DAX 40 futures<\/a> on Friday was a big bear climax bar closing near its low.<\/li>\n\n\n\n<li>Bears were right to sell the first touch of the MA in 20 bars. But the bulls broke the swing high, putting it into a TR.<\/li>\n\n\n\n<li>A Big Up move following a Big Down move creates Big Confusion. When traders are confused, they are confident of only one thing. They doubt either side is strong enough to start a trend. Therefore, they expect every strong move up and down to reverse instead of leading to a trend.<\/li>\n\n\n\n<li>The bull bars were strong. It is more likely that it won&#8217;t be by much if we go below the lows.<\/li>\n\n\n\n<li>The bulls see a trendline break and now a test &#8211; they want a good reversal signal. There have been many legs down, so that&#8217;s a reasonable trade.<\/li>\n\n\n\n<li>But two big consecutive bear bars is a low-probability buy signal. The bears will likely get one more bar.<\/li>\n\n\n\n<li>Monday is important. If there are more sellers at the low of this bar, then a second leg is likely down.<\/li>\n\n\n\n<li>That is a reasonable swing if we trigger the sell and then form a good buy signal.<\/li>\n\n\n\n<li>It is nested wedges here low in a trading range. We might go sideways or set up a sell signal that fails.<\/li>\n\n\n\n<li>Can the bears get a breakout and MM down? The channel is tight. But bulls are buying above other bull bars and making money.<\/li>\n\n\n\n<li>More likely bulls will buy and buy lower.<\/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: DAX 40 Futures DAX futures moved sideways last week, low in a trading range at the prior swing low. The bears closed the last gaps and have struggled to get a break below this possible wedge bottom channel line. Bulls want to buy, but it is still a low-probability trade until a good [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":192281,"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":{"0":"post-192176","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dax-40","8":"category-analysis","9":"tag-dax-40","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/DAX-40-Sideways-at-Bear-Swing-Target-Gap-Closed.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\/192176","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=192176"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/192176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/192281"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=192176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=192176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=192176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}