{"id":201582,"date":"2024-03-02T07:00:00","date_gmt":"2024-03-02T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=201582"},"modified":"2024-03-02T02:21:19","modified_gmt":"2024-03-02T10:21:19","slug":"ftse-100-high-2-in-bull-trend","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/ftse-100-high-2-in-bull-trend\/","title":{"rendered":"FTSE 100 High 2 in Bull Trend, Expect More Up"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: FTSE 100 Futures<\/h2>\n\n\n\n<p><strong>FTSE 100 futures<\/strong> moved sideways last month in a doji after a High 2 in a small pullback bull trend. Tight trading range and many dojis but bull breakout and follow-through closing on their highs and above the MA so better to be long or flat. Bears can argue a trading range, but I think they are more disappointed with the lack of selling. So probably trend continuation up.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">FTSE 100 Futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Monthly<\/em> FTSE chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-High-2-in-Bull-Trend-Expect-More-Up.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-High-2-in-Bull-Trend-Expect-More-Up.jpg\" alt=\"FTSE 100 High 2 in Bull Trend, Expect More Up\" class=\"wp-image-201675\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-High-2-in-Bull-Trend-Expect-More-Up.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-High-2-in-Bull-Trend-Expect-More-Up-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-High-2-in-Bull-Trend-Expect-More-Up-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-High-2-in-Bull-Trend-Expect-More-Up-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-High-2-in-Bull-Trend-Expect-More-Up-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 High 2 in Bull Trend, Expect More Up<\/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.ice.com\/products\/38716764\/FTSE-100-Index-Future\" rel=\"noopener\">FTSE 100 futures<\/a> went sideways last month with a doji after a High 2 in a bull trend.<\/li>\n\n\n\n<li>Small pullback bull trend market structure. That means bulls are buying bear bars and fading bear scalp targets. Bears are selling highs and scaling-in higher.<\/li>\n\n\n\n<li>Bulls will buy pullbacks, trendlines and below bars.<\/li>\n\n\n\n<li>Most traders should wait for good stop entries near the MA.<\/li>\n\n\n\n<li>The bulls see breakout and follow-through and they expect a second leg up. They will likely get it.<\/li>\n\n\n\n<li>The bears see a double top attempt and an inside bar, so breakout mode.<\/li>\n\n\n\n<li>But the probability is still with the bulls because we are above the 200MA, and getting bull bars closing on their highs above the 20MA.<\/li>\n\n\n\n<li>Can you buy above the doji? Not a great buy signal and its small so likely we test above and below.<\/li>\n\n\n\n<li>But the bulls should get 1:1 of their trend bar at least.<\/li>\n\n\n\n<li>Bears can argue they scaled in below and got out at breakeven.<\/li>\n\n\n\n<li>If I had gotten out at breakeven and seen the next bar, I would be looking to buy something above now.<\/li>\n\n\n\n<li>That happens when the probability is about 50\/50, the pattern changes and traders have to adapt.<\/li>\n\n\n\n<li>Probably more buyers below last month, so nothing to sell.<\/li>\n\n\n\n<li>Bears need a pair of strong bear bars closing below the MA to convince traders we are in a trading range.<\/li>\n\n\n\n<li>Expect sideways to up next month.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> FTSE chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-Breakout-Pullback-Long-Above-MA.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1080\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-Breakout-Pullback-Long-Above-MA.jpg\" alt=\"FTSE 100 Breakout Pullback Long Above MA\" class=\"wp-image-201679\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-Breakout-Pullback-Long-Above-MA.jpg 1920w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-Breakout-Pullback-Long-Above-MA-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-Breakout-Pullback-Long-Above-MA-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-Breakout-Pullback-Long-Above-MA-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-Breakout-Pullback-Long-Above-MA-1536x864.jpg 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><figcaption class=\"wp-element-caption\">FTSE 100 Breakout Pullback Long Above MA<\/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.ice.com\/products\/38716764\/FTSE-100-Index-Future\" rel=\"noopener\">FTSE 100 futures<\/a> went sideways to down last week with a bear doji.<\/li>\n\n\n\n<li>Market structure is a trading range with more than 5 reversals so breakout mode.<\/li>\n\n\n\n<li>Not great for stop entries, so traders are probably buying below bull bars and taking profits at new highs. <\/li>\n\n\n\n<li>Even though it is 50\/50, bears need to do more to convince traders to hold short.<\/li>\n\n\n\n<li>Small body and big tail below so a weak sell signal below and weak buy above.<\/li>\n\n\n\n<li>A pair of dojis is a TTR and a sign of breakout mode. But most traders will look to the pattern or strength before to give guidance on the next move. Likely up.<\/li>\n\n\n\n<li>The bulls see a breakout and pullback. Strong bull signal bar but big. So some traders wait for the follow-through or buy in the range of that bar.<\/li>\n\n\n\n<li>Likely buyers below and at the MA.<\/li>\n\n\n\n<li>Can bears argue disappointing follow-through so sellers above? Lower probability because of the body gap \/ negative gap below the upsloping MA.<\/li>\n\n\n\n<li>Bears really need to get below that big bar, then go sideways and finally get a sell signal. So probably more up.<\/li>\n\n\n\n<li>The bulls want a breakout and a measured move up above the December high to 8000.<\/li>\n\n\n\n<li>But we could go sideways more and give the bears a chance to get trapped.<\/li>\n\n\n\n<li>Always in long, so traders should be long or flat.<\/li>\n\n\n\n<li>Expect sideways to up so the bulls can get at least 1:1 on their strong signal bar.<\/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: FTSE 100 Futures FTSE 100 futures moved sideways last month in a doji after a High 2 in a small pullback bull trend. Tight trading range and many dojis but bull breakout and follow-through closing on their highs and above the MA so better to be long or flat. Bears can argue a [&hellip;]<\/p>\n","protected":false},"author":10339,"featured_media":201675,"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":[1697,136],"tags":[1699],"class_list":{"0":"post-201582","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ftse-100","8":"category-analysis","9":"tag-ftse-100","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/FTSE-100-High-2-in-Bull-Trend-Expect-More-Up.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\/201582","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=201582"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/201582\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/201675"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=201582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=201582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=201582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}