{"id":192178,"date":"2023-10-14T07:00:00","date_gmt":"2023-10-14T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=192178"},"modified":"2023-10-13T15:12:21","modified_gmt":"2023-10-13T22:12:21","slug":"nasdaq-100-bad-follow-through-to-entry-bar-of-10-2","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/nasdaq-100-bad-follow-through-to-entry-bar-of-10-2\/","title":{"rendered":"Nasdaq 100 Bad Follow-through to Entry Bar of 10\/2"},"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 doji bar with a small bull body and a big tail on top. It is a bad follow-through to entry bar of 10\/2, closing below last week\u2019s high.<\/p>\n\n\n\n<p>On the daily chart, this went up to the high of 9\/20 and reversed from there.<\/p>\n\n\n\n<p>The month so far is an inside bar with a tail above.<\/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\/10\/NASDAQ-Weekly-bad-follow-through-to-entry-bar-of-10-2.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Weekly-bad-follow-through-to-entry-bar-of-10-2-680x383.jpg\" alt=\"Nasdaq Weekly Bad follow-through to entry bar of 10\/2\" class=\"wp-image-192229\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Weekly-bad-follow-through-to-entry-bar-of-10-2-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Weekly-bad-follow-through-to-entry-bar-of-10-2-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Weekly-bad-follow-through-to-entry-bar-of-10-2-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Weekly-bad-follow-through-to-entry-bar-of-10-2-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Weekly-bad-follow-through-to-entry-bar-of-10-2.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 doji bar with a small bull body and a big tail above.<\/li>\n\n\n\n<li>Bulls needed a good follow-through bar to confirm it is breaking out of the trading range reversal bar of two weeks ago.<\/li>\n\n\n\n<li>As mentioned in <a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-entry-bar-to-the-reversal-bar-of-9-25\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-entry-bar-to-the-reversal-bar-of-9-25\/\" rel=\"noreferrer noopener\">prior reports<\/a>, there were likely sellers higher.<\/li>\n\n\n\n<li>The market went above the high of the big bear bar of 9\/18 and reversed.<\/li>\n\n\n\n<li>There should be buyers below, the question is where do they come in?<\/li>\n\n\n\n<li>So, the market will likely test below this week to see where buyers come in. They should come in within the next bar or two.<\/li>\n\n\n\n<li>This is becuase bulls have been strong enough so far to prevent a close below the close of 8\/14 \u2013 the low close of the 1<sup>st<\/sup> strong leg down.<\/li>\n\n\n\n<li>They have also prevented multiple bear closes below the bull body gap from March 2022.<\/li>\n\n\n\n<li>To call the bull gap effectively closed, bears need a couple of bear closes below that gap.<\/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\n\n\n<li>It looks like the market is in a trading range between the bear body gap from November 2021 and the bull body gap from March 2022, both shown in the chart.<\/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\/10\/NASDAQ-Daily-pullback-from-9-20-high.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Daily-pullback-from-9-20-high-680x383.jpg\" alt=\"Nasdaq Daily Pullback from 9\/20 high\" class=\"wp-image-192233\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Daily-pullback-from-9-20-high-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Daily-pullback-from-9-20-high-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Daily-pullback-from-9-20-high-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Daily-pullback-from-9-20-high-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/10\/NASDAQ-Daily-pullback-from-9-20-high.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 strong bear trend bar closing right at the daily EMA from above.<\/li>\n\n\n\n<li>Last week\u2019s report had mentioned that there are likely sellers near the high of 9\/20 or the buy signal bar of 9\/19 that triggered and then failed.<\/li>\n\n\n\n<li>The sellers did come around the high of 9\/20 where the market reversed.<\/li>\n\n\n\n<li>The bulls got enough good bull bars on Monday-Wednesday in reaching the high of 9\/20, that there should be another leg up.<\/li>\n\n\n\n<li>Bulls need to break above the high of 9\/14 to not have lower highs.<\/li>\n\n\n\n<li>Given the bad bull bar on the weekly chart though, the next couple of weeks look sideways to down.<\/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 doji bar with a small bull body and a big tail on top. It is a bad follow-through to entry bar of 10\/2, closing below last week\u2019s high. On the daily chart, this went up to the high of 9\/20 and reversed [&hellip;]<\/p>\n","protected":false},"author":3331,"featured_media":192229,"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-192178","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\/10\/NASDAQ-Weekly-bad-follow-through-to-entry-bar-of-10-2.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\/192178","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=192178"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/192178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/192229"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=192178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=192178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=192178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}