{"id":207092,"date":"2024-05-04T07:00:00","date_gmt":"2024-05-04T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=207092"},"modified":"2024-05-05T14:37:19","modified_gmt":"2024-05-05T21:37:19","slug":"nasdaq-100-first-pullback-since-october-2023","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/nasdaq-100-first-pullback-since-october-2023\/","title":{"rendered":"Nasdaq 100 First Pullback since October 2023"},"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> April monthly candlestick is a big bear bar with a prominent tail below. It is the first pullback since October 2023.<\/p>\n\n\n\n<p>The week is a bull doji bar with a long tail below. The long tail below is likely the 2<sup>nd<\/sup> leg for now corresponding to the big move down 2 weeks back.<\/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>Monthly<\/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\/05\/NASDAQ-Monthly-first-pullback-since-October-2023.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Monthly-first-pullback-since-October-2023-680x383.jpg\" alt=\"Nasdaq Monthly first pullback since October 2023\" class=\"wp-image-207129\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Monthly-first-pullback-since-October-2023-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Monthly-first-pullback-since-October-2023-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Monthly-first-pullback-since-October-2023-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Monthly-first-pullback-since-October-2023-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Monthly-first-pullback-since-October-2023.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 April month bar is a big bear bar with a prominent tail below.<\/li>\n\n\n\n<li>This is the first pullback in the bull micro-channel that started in November 2023.<\/li>\n\n\n\n<li>The <a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-close-above-the-february-month-high\/\" data-type=\"link\" data-id=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-close-above-the-february-month-high\/\">last monthly report<\/a> had mentioned that bears can still try to close the bull body gap with December 2021 in April.<\/li>\n\n\n\n<li>The April bar went below the December 2021 high close, but then closed above the December 2021 high close.<\/li>\n\n\n\n<li>So technically the bull body gap is still open.<\/li>\n\n\n\n<li>The micro-channel up from November 2023 is likely a spike on a higher timeframe, so there should be a channel phase.<\/li>\n\n\n\n<li>The market may try a 2<sup>nd<\/sup> leg up in April, May and June.<\/li>\n<\/ul>\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\/05\/NASDAQ-Weekly-cc-close-above-ema.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Weekly-cc-close-above-ema-680x383.jpg\" alt=\"Nasdaq Weekly CC close above Ema\" class=\"wp-image-207133\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Weekly-cc-close-above-ema-680x383.jpg 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Weekly-cc-close-above-ema-300x169.jpg 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Weekly-cc-close-above-ema-768x432.jpg 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Weekly-cc-close-above-ema-1536x864.jpg 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/05\/NASDAQ-Weekly-cc-close-above-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>The week is a doji bull bar with a long tail below and a close above last week high.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-no-cc-close-below-nov-2021-bull-body-gap\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.brookstradingcourse.com\/analysis\/nasdaq-100-no-cc-close-below-nov-2021-bull-body-gap\/\" rel=\"noreferrer noopener\">Last week\u2019s report<\/a> had mentioned how the buy signal bar likely had sellers above.<\/li>\n\n\n\n<li>The tail in this week\u2019s bar was caused by the sellers in the first half of the week after the market triggered the buy signal bar.<\/li>\n\n\n\n<li>The market then rallied on Thursday and Friday.<\/li>\n\n\n\n<li>Bears might now wait till a couple of legs up to sell higher.<\/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 April monthly candlestick is a big bear bar with a prominent tail below. It is the first pullback since October 2023. The week is a bull doji bar with a long tail below. The long tail below is likely the 2nd leg for now corresponding [&hellip;]<\/p>\n","protected":false},"author":3331,"featured_media":207129,"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-207092","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\/05\/NASDAQ-Monthly-first-pullback-since-October-2023.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\/207092","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=207092"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/207092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/207129"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=207092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=207092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=207092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}