{"id":193522,"date":"2023-11-04T07:00:00","date_gmt":"2023-11-04T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=193522"},"modified":"2023-11-04T05:33:44","modified_gmt":"2023-11-04T12:33:44","slug":"dax-40-bear-spike-swing-low","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/dax-40-bear-spike-swing-low\/","title":{"rendered":"DAX 40 Bear Spike, Breaking Swing Low, TR"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: DAX 40 Futures<\/h2>\n\n\n\n<p><strong>DAX futures<\/strong> printed 3 bear bars on the monthly chart, a bear spike, for the first time since 2019. When the market has a moment of clarity, it usually pulls back. When it doesn&#8217;t, it creates a magnet to test later. We&#8217;re low in a tight bull channel, so traders will expect it to convert into a trading range first, so more likely we bounce soon. The bears might get one more leg (just one bar) as the MA from <\/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>Monthly<\/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\/11\/DAX-40-Bear-Spike-Breaking-Swing-Low-TR.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bear-Spike-Breaking-Swing-Low-TR.jpg\" alt=\"DAX 40 Bear Spike, Breaking Swing Low, TR\" class=\"wp-image-193593\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bear-Spike-Breaking-Swing-Low-TR.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bear-Spike-Breaking-Swing-Low-TR-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bear-Spike-Breaking-Swing-Low-TR-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bear-Spike-Breaking-Swing-Low-TR-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bear-Spike-Breaking-Swing-Low-TR-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Bear Spike, Breaking Swing Low, TR<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.eurex.com\/ex-en\/markets\/idx\/dax\/DAX-Futures-139902\" rel=\"noopener\">DAX 40 futures<\/a> was a bear spike, a big bear bar closing near its low, so we might gap down next week.<\/li>\n\n\n\n<li>It is the first bear bar to go below the MA in many months. Likely, bulls will buy it.<\/li>\n\n\n\n<li>It is a bear microchannel, 3 bear bars in a row with a gap between the first and third bars. Every high is lower than the one before. Bears will likely sell above the last two bear bars and make money.<\/li>\n\n\n\n<li>It was not a great swing entry on this chart &#8211; a credible second entry short, and some traders will say, a wedge. But the signal worked, which traps traders &#8211; some into an opposite bad trade, and some out of that short.<\/li>\n\n\n\n<li>We will likely pull back and create a second leg on this chart. Even if just one bar.<\/li>\n\n\n\n<li>The bears broke a swing low to put it into a trading range. The bulls want a buy signal here but might get an inside bar or small reversal. Other bulls will look to buy lower and wait for the energy to dissipate.<\/li>\n\n\n\n<li>Last year, traders got stuck shorting the MA, and we went up. That price might be important to test again &#8211; it is a little lower than we are now.<\/li>\n\n\n\n<li>The stop is far away, so the probability is down. Nothing to buy here.<\/li>\n\n\n\n<li>Always in short so traders should be short or flat.<\/li>\n\n\n\n<li>The traders looking for a duelling lines pattern can now see it clearly with the double top. A wedge to a double top is a reliable entry signal for a swing.<\/li>\n\n\n\n<li>Expect sideways to down next month.<\/li>\n<\/ul>\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\/11\/DAX-40-Big-Bull-Surprise-Bar-at-MM-Target-at-TL.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Big-Bull-Surprise-Bar-at-MM-Target-at-TL.jpg\" alt=\"DAX 40 Big Bull Surprise Bar, at MM Target at TL\" class=\"wp-image-193598\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Big-Bull-Surprise-Bar-at-MM-Target-at-TL.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Big-Bull-Surprise-Bar-at-MM-Target-at-TL-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Big-Bull-Surprise-Bar-at-MM-Target-at-TL-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Big-Bull-Surprise-Bar-at-MM-Target-at-TL-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Big-Bull-Surprise-Bar-at-MM-Target-at-TL-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Big Bull Surprise Bar, at MM Target at TL<\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.eurex.com\/ex-en\/markets\/idx\/dax\/DAX-Futures-139902\" rel=\"noopener\">DAX 40 futures<\/a> was a big bull bar closing on its high, so we might gap up next week.<\/li>\n\n\n\n<li>It was a test of the weak buy signal in September last year. Bears got stuck scaling in and higher, and most lost money. Others sold higher and got a chance to get out breakeven with a profit on the higher sell.<\/li>\n\n\n\n<li>It was a swing target, a MM from above. The 3 consecutive bear bars, breaking below the MA was a reasonable swing sell.<\/li>\n\n\n\n<li>It is a High 2 , but the High 1 was a weak doji, so most traders would prefer a smaller signal bar.<\/li>\n\n\n\n<li>We have been in a trading range for a long time, and TRs are disappointing. I think next week with get a follow-through bar to disappoint bulls who were waiting and bears who are shorting above its high but we shall see.<\/li>\n\n\n\n<li>It is a reasonable swing buy, but low probability. That means the stop is likely to get hit. Many bulls will keep a smaller position to buy underneath.<\/li>\n\n\n\n<li>Some bears will wait to sell above the last bear bars, and others wait for something at the MA, seeing it as too low.<\/li>\n\n\n\n<li>It will probably be sideways to up next week as this bar gets triggered and we see if the bulls will get a close above.<\/li>\n\n\n\n<li>It is still a bear spike on the monthly so this pullback should fail and produce a test of the low again.<\/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 printed 3 bear bars on the monthly chart, a bear spike, for the first time since 2019. When the market has a moment of clarity, it usually pulls back. When it doesn&#8217;t, it creates a magnet to test later. We&#8217;re low in a tight bull channel, so traders [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":193593,"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-193522","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\/11\/DAX-40-Bear-Spike-Breaking-Swing-Low-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\/193522","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=193522"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/193522\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/193593"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=193522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=193522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=193522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}