{"id":197922,"date":"2024-01-13T07:00:00","date_gmt":"2024-01-13T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=197922"},"modified":"2024-01-13T05:28:25","modified_gmt":"2024-01-13T13:28:25","slug":"dax-40-ioi-final-flag-or-bom","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/dax-40-ioi-final-flag-or-bom\/","title":{"rendered":"DAX 40 IOI &#8211; Final Flag or Breakout Mode Reversal"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: DAX 40 Futures<\/h2>\n\n\n\n<p><strong>DAX futures<\/strong> went sideways last week with an inside-outside-inside pattern (ioi.) The bulls see a final flag before one more leg up. The bears see a parabolic wedge, a tight channel up at the top of an expanding triangle. No good signals in 5 bars is TR price action, so we might be in breakout mode again and head back to the MA. The bulls want a High 2, but we already tested the highest bull close, so a difficult buy to take now.<\/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-IOI-Final-Flag-or-Breakout-Mode-Reversal.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-IOI-Final-Flag-or-Breakout-Mode-Reversal.jpg\" alt=\"DAX 40 IOI - Final Flag or Breakout Mode Reversal\" class=\"wp-image-198046\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-IOI-Final-Flag-or-Breakout-Mode-Reversal.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-IOI-Final-Flag-or-Breakout-Mode-Reversal-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-IOI-Final-Flag-or-Breakout-Mode-Reversal-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-IOI-Final-Flag-or-Breakout-Mode-Reversal-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-IOI-Final-Flag-or-Breakout-Mode-Reversal-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 IOI &#8211; Final Flag or Breakout Mode Reversal<\/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> went sideways in an ioi (Inside-outside-Inside) pattern last week.<\/li>\n\n\n\n<li>IOI is a breakout mode pattern, and the context after a strong bull move could be a final flag. That would mean one more leg up.<\/li>\n\n\n\n<li>The bulls wanted a pullback to buy lower for another move up. But now, 4 bear bars is no longer trending behaviour. This could mean the first reversal up will be minor.<\/li>\n\n\n\n<li>The bears wanted to sell above the steep bear leg. They saw a trading range and triggered a second sell signal. They see a Low 2 sell now but too many tails for sell below.<\/li>\n\n\n\n<li>Always in bulls could have exited below one of the signals. Most took profits at the highs after a buy climax.<\/li>\n\n\n\n<li>The bulls that bought the highs probably took a smaller position and will look to add on after two legs down. We may not have started the second leg yet.<\/li>\n\n\n\n<li>The bears could have sold under and above the bear bars. But it is still a lower probability trade.<\/li>\n\n\n\n<li>Breakout-mode-type patterns this far away from the MA generally return to the average price.<\/li>\n\n\n\n<li>Inside bar, so a weak buy signal, but context is good for more up. The problem is where do you put your stop?<\/li>\n\n\n\n<li>More sellers might be above that bar, betting on a good risk-to-rewards setup to the MA.<\/li>\n\n\n\n<li>Better to be short or flat. If you&#8217;re long, it is better to trade a small size and add on at the MA or another good bull bar. <\/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-Breakout-Mode-Bear-Surprise-Bar-Triangle.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Breakout-Mode-Bear-Surprise-Bar-Triangle.jpg\" alt=\"DAX 40 Breakout Mode, Bear Surprise Bar, Triangle\" class=\"wp-image-198052\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Breakout-Mode-Bear-Surprise-Bar-Triangle.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Breakout-Mode-Bear-Surprise-Bar-Triangle-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Breakout-Mode-Bear-Surprise-Bar-Triangle-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Breakout-Mode-Bear-Surprise-Bar-Triangle-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/01\/DAX-40-Breakout-Mode-Bear-Surprise-Bar-Triangle-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">DAX 40 Breakout Mode, Bear Surprise Bar, Triangle<\/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> hugged the MA on Friday with a bull inside bar after a big bear outside down bar: a bear surprise.<\/li>\n\n\n\n<li>The follow-through from the bear surprise was bad, so trading range price action.<\/li>\n\n\n\n<li>Traders might be wondering if there should be a second leg after that.<\/li>\n\n\n\n<li>The bulls see a tight bull channel, and we tested the small doji from December. So it is a double bottom and a trading range. The bulls want a good buy signal.<\/li>\n\n\n\n<li>The bears see an endless pullback to the MA, about 3 legs and sideways. it is tight so many ways to count it.<\/li>\n\n\n\n<li>Is it a wedge bottom? With 8 bars at the MA, it is probably easier to consider it a TTR and breakout mode.<\/li>\n\n\n\n<li>Bulls want a good bull bar with FT above the MA.<\/li>\n\n\n\n<li>Bears want another bull bar to fail and get consecutive bear bars below the MA.<\/li>\n\n\n\n<li>Both sides are likely to get disappointed in this trading range.<\/li>\n\n\n\n<li>I think we will go back up and test 17000 again. probably sellers above and buyers not far below.<\/li>\n\n\n\n<li>Most traders should be flat. Some bears will be swinging down, but you have had two failed breakouts now, so it might be better to exit and sell higher.<\/li>\n\n\n\n<li>Expect sideways to up 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 sideways last week with an inside-outside-inside pattern (ioi.) The bulls see a final flag before one more leg up. The bears see a parabolic wedge, a tight channel up at the top of an expanding triangle. No good signals in 5 bars is TR price action, so [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":198046,"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-197922","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-IOI-Final-Flag-or-Breakout-Mode-Reversal.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\/197922","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=197922"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/197922\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/198046"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=197922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=197922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=197922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}