{"id":202100,"date":"2024-03-09T07:00:00","date_gmt":"2024-03-09T15:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=202100"},"modified":"2024-03-08T22:29:48","modified_gmt":"2024-03-09T06:29:48","slug":"nasdaq-100-can-bears-produce-good-bear-bar-below-3-4","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/nasdaq-100-can-bears-produce-good-bear-bar-below-3-4\/","title":{"rendered":"Nasdaq 100 Can Bears Produce Good Bear Bar Below 3-4?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: NASDAQ 100 Emini Futures<\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.investing.com\/indices\/nq-100-futures\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.investing.com\/indices\/nq-100-futures\" rel=\"noreferrer noopener\"><strong>NASDAQ Emini<\/strong> futures<\/a> week is a bear bar with a tail below. The question now is \u2013 Can bears produce good bear bar below 3-4? The November 2021 close is still a magnet.<\/p>\n\n\n\n<p>On the daily chart, the market is a lot more two-sided than the weekly charts. Bears are able to produce good bear sell signal bars with follow-through and 2<sup>nd<\/sup> legs.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">NASDAQ 100 Emini futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> NASDAQ chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Weekly-november-2021-close-still-a-magnet.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Weekly-november-2021-close-still-a-magnet-680x383.jpg\" alt=\"Nasdaq Weekly November 2021 close still a magnet\" class=\"wp-image-202220\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Weekly-november-2021-close-still-a-magnet-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Weekly-november-2021-close-still-a-magnet-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Weekly-november-2021-close-still-a-magnet-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Weekly-november-2021-close-still-a-magnet-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Weekly-november-2021-close-still-a-magnet.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/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 week is a bear bar with a long tail below.<\/li>\n\n\n\n<li>The body of this week largely overlaps with last week.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-close-above-december-2021-close\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-close-above-december-2021-close\/\" rel=\"noreferrer noopener\">Last week\u2019s report<\/a> had mentioned how the November 2021 close is still in play as it currently represents an open bull gap.<\/li>\n\n\n\n<li>Bears have done their part by preventing a bull bar this week.<\/li>\n\n\n\n<li>Bulls failed to produce a bull bar but have at least put a long tail below the bear bar this week.<\/li>\n\n\n\n<li>Can the bears now produce a good bear entry bar next week?<\/li>\n\n\n\n<li>So far bulls have been buying below bars. Will that change next week?<\/li>\n\n\n\n<li>If bears can produce a bear bar next week, it will be the first time since October that there are consecutive bear bars.<\/li>\n\n\n\n<li>There will likely be another leg up, even if bears create a bear bar next week.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> NASDAQ chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Daily-channel-just-above-the-ema.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Daily-channel-just-above-the-ema-680x383.jpg\" alt=\"Nasdaq Daily Channel just above the ema\" class=\"wp-image-202223\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Daily-channel-just-above-the-ema-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Daily-channel-just-above-the-ema-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Daily-channel-just-above-the-ema-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Daily-channel-just-above-the-ema-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Daily-channel-just-above-the-ema.jpg 1920w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/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>Friday is big bear bar closing just above the daily exponential moving average (EMA).<\/li>\n\n\n\n<li>Most of the body of Friday overlaps with the body of Thursday.<\/li>\n\n\n\n<li>The market for the past month has mostly been channeling above the daily EMA.<\/li>\n\n\n\n<li>The market has also managed to prevent successive closes below the November 21 high close.<\/li>\n\n\n\n<li>As mentioned above, the channel is a lot more 2 sided on the daily chart than the weekly chart.<\/li>\n\n\n\n<li>Bears are getting good sell signal bars with follow-through which then have 2<sup>nd<\/sup> legs.<\/li>\n\n\n\n<li>Monday was a good sell signal bar, with a strong follow-through bear bar on Tuesday that found support at the daily EMA.<\/li>\n\n\n\n<li>Wednesday was an inside trading range bull bar that closed below its mid-point.<\/li>\n\n\n\n<li>Thursday triggered the bad sell-signal bar of Wednesday and ended as a big outside-up bull bar with tails above and below.<\/li>\n\n\n\n<li>The tail above on Thursday suggested that bulls who bought last Friday\u2019s close and were disappointed by the action early in the week got out.<\/li>\n\n\n\n<li>Friday started the day by going above Thursday to a new all-time high, but closed as a big bear reversal bar closing just above the EMA.<\/li>\n\n\n\n<li>Such a big bear bear bar closing just above the EMA is usually a bad sell signal bar, so there are likely more buyers.<\/li>\n\n\n\n<li>Bears will need to produce a good sell signal bar like they did Monday.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\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: NASDAQ 100 Emini Futures The NASDAQ Emini futures week is a bear bar with a tail below. The question now is \u2013 Can bears produce good bear bar below 3-4? The November 2021 close is still a magnet. On the daily chart, the market is a lot more two-sided than the weekly charts. [&hellip;]<\/p>\n","protected":false},"author":3331,"featured_media":202220,"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":[136,1849],"tags":[1850],"class_list":{"0":"post-202100","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysis","8":"category-nasdaq-100","9":"tag-nasdaq-100","10":"entry","11":"override","12":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/03\/NASDAQ-Weekly-november-2021-close-still-a-magnet.jpg","author_info":{"display_name":"Rajesh","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/rajeshh_98yahoo-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/202100","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\/3331"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=202100"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/202100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/202220"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=202100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=202100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=202100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}