{"id":193944,"date":"2023-11-11T07:00:00","date_gmt":"2023-11-11T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=193944"},"modified":"2023-11-11T21:42:36","modified_gmt":"2023-11-12T05:42:36","slug":"dax-40-strong-reversal-up","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/dax-40-strong-reversal-up\/","title":{"rendered":"DAX 40 Strong Reversal Up, Weak FT, Head to MA"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: DAX 40 Futures<\/h2>\n\n\n\n<p><strong>DAX futures<\/strong> went higher last week with a bull doji &#8211; weak follow-through after a strong reversal up. The bulls want a move back to the MA, which is likely with such a bull trend bar. Some bears will sell the MA, while others are trapped trying to sell above a bear bar to return to their lower entries. Expect sideways to up next week.<\/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\/11\/DAX-40-Strong-Reversal-Up-Weak-FT-Head-to-MA.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Strong-Reversal-Up-Weak-FT-Head-to-MA.jpg\" alt=\"DAX 40 Strong Reversal Up, Weak FT, Head to MA\" class=\"wp-image-194030\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Strong-Reversal-Up-Weak-FT-Head-to-MA.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Strong-Reversal-Up-Weak-FT-Head-to-MA-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Strong-Reversal-Up-Weak-FT-Head-to-MA-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Strong-Reversal-Up-Weak-FT-Head-to-MA-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Strong-Reversal-Up-Weak-FT-Head-to-MA-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Strong Reversal Up, Weak FT, Head to MA<\/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> was a weak bull doji, following a strong reversal bar last week.<\/li>\n\n\n\n<li>On the monthly chart, it is 3 bear bars, so we need to get back to the high of the last one &#8211; around 15700, above the MA where sellers will be waiting.<\/li>\n\n\n\n<li>The bulls see a BO and bad follow-through, but the minimum they wanted was a bull bar &#8211; so we will probably get to the MA in the next 2 weeks.<\/li>\n\n\n\n<li>The bulls see a late leg in a bear spike and wedge channel at a measured move target. They didn&#8217;t get a buy signal low, and some traders will enter here and scale in. Others will wait for a slight pullback, maybe to the high of the bad buy signal the week before.<\/li>\n\n\n\n<li>The bears see three legs down and a strong pullback.<\/li>\n\n\n\n<li>It is not clear. The leg was sideways and looked like a leg in a trading range. There was a bad sell signal that worked and trapped bulls. Those bulls got a chance to exit breakeven on their higher buys and profit on their lower buys.<\/li>\n\n\n\n<li>If you buy it, then it is for a swing. You will probably scalp out at the MA because it is a trading range that will disappoint.<\/li>\n\n\n\n<li>Nothing for bears to sell until the MA, which makes me think we will get there fast next week.<\/li>\n\n\n\n<li>We are just above 15000, so we might need to go and test there again. That&#8217;s a reasonable buy zone and near the 200-day MA.<\/li>\n\n\n\n<li>We don&#8217;t need to go back there because the bears had a sell signal that triggered, and they could have got out.<\/li>\n\n\n\n<li>Some bulls will wait for the bears to scale in and exit until they buy for a swing long. <\/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\/11\/DAX-40-Bull-Breakout-Bull-Microchannel-and-Pullback.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bull-Breakout-Bull-Microchannel-and-Pullback.jpg\" alt=\"DAX 40 Bull Breakout, Bull Microchannel and Pullback\" class=\"wp-image-194035\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bull-Breakout-Bull-Microchannel-and-Pullback.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bull-Breakout-Bull-Microchannel-and-Pullback-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bull-Breakout-Bull-Microchannel-and-Pullback-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bull-Breakout-Bull-Microchannel-and-Pullback-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2023\/11\/DAX-40-Bull-Breakout-Bull-Microchannel-and-Pullback-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Bull Breakout, Bull Microchannel and Pullback<\/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> was a bear doji on Friday, a pause in a strong bull spike.<\/li>\n\n\n\n<li>Bulls saw 3 pushes down a wedge channel to a lower low double bottom. 15000 was the target, and we breached through and launched back-up. We might pullback to create an inverse head and shoulders or keep going higher.<\/li>\n\n\n\n<li>The bears see a bear channel and a trendline break, but they never went back to test it.<\/li>\n\n\n\n<li>Bears at the MA might have avoided a loss, but it launched straight past, trapping them below, or they exited in the bull spike.<\/li>\n\n\n\n<li>Bull spike and bull breakout, we are always in long. Traders will get long above a good bull bar or wait for the MA to get in.<\/li>\n\n\n\n<li>It is a weak sell signal, so they might even buy the open on Monday.<\/li>\n\n\n\n<li>The expectation is for 2 legs sideways to up with about half as many bars as the wedge pattern. That&#8217;s probably a few more weeks sideways to up.<\/li>\n\n\n\n<li>Bears need to get back below the MA, they will sell above strong bear bars to the left, but most traders should look to get long and hold.<\/li>\n\n\n\n<li>Is it a second entry short? The bears did get a bear close below a bar, but the odds favour more upside with open gaps and strong bull closes.<\/li>\n\n\n\n<li>Expect sideways to up next week; most traders should be long or flat. <\/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 went higher last week with a bull doji &#8211; weak follow-through after a strong reversal up. The bulls want a move back to the MA, which is likely with such a bull trend bar. Some bears will sell the MA, while others are trapped trying to sell above [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":194030,"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-193944","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-Strong-Reversal-Up-Weak-FT-Head-to-MA.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\/193944","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=193944"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/193944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/194030"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=193944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=193944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=193944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}