{"id":197297,"date":"2024-01-06T07:00:00","date_gmt":"2024-01-06T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=197297"},"modified":"2024-01-06T04:07:20","modified_gmt":"2024-01-06T12:07:20","slug":"dax-40-bear-outside-down","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/dax-40-bear-outside-down\/","title":{"rendered":"DAX 40 Bear Outside Down Bar, Bull Flag, Micro DT"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: DAX 40 Futures<\/h2>\n\n\n\n<p><strong>DAX futures<\/strong> went lower last week with a bear outside down bar, after a big bull spike. It&#8217;s such a strong, bullish move, so there should be a second piece to it. The bears are trying to sell the double top here. They want a deep pullback and a continuation of the TR price action to the left. Hoping the expanding triangle will fade down. More likely buyers below and at the MA.<\/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\/2024\/01\/DAX-40-Bear-Outside-Down-Bar-Bull-Flag-Micro-DT.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Bear-Outside-Down-Bar-Bull-Flag-Micro-DT.jpg\" alt=\"DAX 40 Bear Outside Down Bar, Bull Flag, Micro DT\" class=\"wp-image-197391\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Bear-Outside-Down-Bar-Bull-Flag-Micro-DT.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Bear-Outside-Down-Bar-Bull-Flag-Micro-DT-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Bear-Outside-Down-Bar-Bull-Flag-Micro-DT-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Bear-Outside-Down-Bar-Bull-Flag-Micro-DT-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Bear-Outside-Down-Bar-Bull-Flag-Micro-DT-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Bear Outside Down Bar, Bull Flag, Micro DT<\/figcaption><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\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> chart last week was a bear outside down bar with a tail below.<\/li>\n\n\n\n<li>It triggered buys above the week prior but then moved larger towards the downside.<\/li>\n\n\n\n<li>It is the fourth consecutive bear bar, uncommon in a bull spike.<\/li>\n\n\n\n<li>For the bulls, follow-through is disappointing at the top of a bull spike above the trading range highs.<\/li>\n\n\n\n<li>But limit order traders could not get in the spike, which is typically climactic behaviour. <\/li>\n\n\n\n<li>Finally, last week, we went below the low of one of those bull bars, and traders could get in &#8211; but how about that for your entry bar? Also disappointing.<\/li>\n\n\n\n<li>The bulls trapped higher might scale in and take profits on their second entry while breaking even on their first.<\/li>\n\n\n\n<li>It is a big bar, so likely will pull back. The bears might try and swing it down to the MA. <\/li>\n\n\n\n<li>But most traders see a parabolic wedge, 3 pushes up. They expect two legs sideways to down. Is this the second leg?<\/li>\n\n\n\n<li>It is not an ideal limit buy and not a great limit sell, so it will probably go sideways to down next week. <\/li>\n\n\n\n<li>There is a big risk to sell here; probably more sellers above where the bulls will get out. Outside down bars have a lower chance of breakout.<\/li>\n\n\n\n<li>If the bulls get a good bar next week, then the bears will scale out in case there is a second leg up.<\/li>\n\n\n\n<li>It is still always in long, but some always-in bulls might have gotten out last week and will wait for another bull bar to get in.<\/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\/2024\/01\/DAX-40-MA-Gap-Bar-Buy-or-Break-Below-a-Double-Bottom.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-MA-Gap-Bar-Buy-or-Break-Below-a-Double-Bottom.jpg\" alt=\"DAX 40 MA Gap Bar Buy or Break Below a Double Bottom\" class=\"wp-image-197396\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-MA-Gap-Bar-Buy-or-Break-Below-a-Double-Bottom.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-MA-Gap-Bar-Buy-or-Break-Below-a-Double-Bottom-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-MA-Gap-Bar-Buy-or-Break-Below-a-Double-Bottom-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-MA-Gap-Bar-Buy-or-Break-Below-a-Double-Bottom-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-MA-Gap-Bar-Buy-or-Break-Below-a-Double-Bottom-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 MA Gap Bar Buy or Break Below a Double Bottom<\/figcaption><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\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> chart was a bull doji at the moving average following a bull inside bar.<\/li>\n\n\n\n<li>Indecision at the MA, after a very strong bull channel.<\/li>\n\n\n\n<li>There was a bull doji on Dec 4<sup>th,<\/sup> which usually indicates the start of a channel in a breakout. So this was the first target to come back to, which we reached.<\/li>\n\n\n\n<li>The bulls tried to get a double bottom, a High 2 and a trend resumption, but it reversed as soon as the price got to the highest stop entry. We broke below the DB and now might be in a MM down.<\/li>\n\n\n\n<li>The sell climax bar was big, but the follow-through was bad. <\/li>\n\n\n\n<li>Most bears that shorted that doji were probably happy with their 2:1 and got out.<\/li>\n\n\n\n<li>Its difficult to get long here, bodies below the MA now, so there are likely sellers above at the midpoint of that bear bar and at the BO point.<\/li>\n\n\n\n<li>It is a limit-order trading environment. so there is nothing for stop-order bears or stop-order bulls. <\/li>\n\n\n\n<li>The bears might give up if the bulls can get consecutive bull bars again above the MA.<\/li>\n\n\n\n<li>But we might be on a swing down, at least to create a credible double bottom with Dec 4<sup>th<\/sup>.<\/li>\n\n\n\n<li>Are we always in short? We might be. Consecutive bear bars with one big and closing below the MA. We also broke two prior swing points.<\/li>\n\n\n\n<li>Bulls want a failed breakout below this doji and a good reversal bar up.<\/li>\n\n\n\n<li>Bears want a tail above this bar and a bear bar below the MA for a Low 1. <\/li>\n\n\n\n<li>It is an outside bar, so it is a weaker signal, but context is good for a little more down to see what is below.<\/li>\n\n\n\n<li>Expect sideways to down next week. <\/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 lower last week with a bear outside down bar, after a big bull spike. It&#8217;s such a strong, bullish move, so there should be a second piece to it. The bears are trying to sell the double top here. They want a deep pullback and a continuation [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":197391,"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-197297","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\/2024\/01\/DAX-40-Bear-Outside-Down-Bar-Bull-Flag-Micro-DT.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\/197297","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=197297"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/197297\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/197391"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=197297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=197297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=197297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}