DAX 40 Futures<\/h2>\n\n\n\nThe Monthly<\/em> DAX chart<\/h3>\n\n\n\n![\"DAX](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/DAX-40-Final-Flag-or-Reversal-at-MM-Target.jpg\" "\\"\\"")
<\/a>DAX 40 Final Flag or Reversal at MM Target<\/figcaption><\/figure>\n\n\n\n<\/div>\n\n\n\n\n- The DAX 40 futures<\/a> went sideways last month with a bear inside bar, a possible final flag at a measured move target.<\/li>\n\n\n\n
- The bulls see a tight channel, likely 2 legs and now sideways for one more leg up.<\/li>\n\n\n\n
- Although the bears have only managed to get below the low of a bar once in this tight channel, the small doji is likely the volatility contraction that ends the leg.<\/li>\n\n\n\n
- It’s a weak sell signal bar, so there is a low probability sell below.<\/li>\n\n\n\n
- Bulls are on the stop-entry buy above March, but they are likely disappointed that after three bars, it hasn’t gone very far.<\/li>\n\n\n\n
- Open bull gaps are so difficult to sell, and the trade would require scaling in.<\/li>\n\n\n\n
- Inside bars often have breakouts above and below. Breakouts of inside bars often come back within 5 bars.<\/li>\n\n\n\n
- If no bulls want to buy above, what do they do?<\/li>\n\n\n\n
- Always in bulls are still long, no signal to leave yet.<\/li>\n\n\n\n
- If you see April as a pullback, they expect a MM up the size above 19000.<\/li>\n\n\n\n
- The best long recently was the buy under March and exiting above March. Classic bull channel entries.<\/li>\n\n\n\n
- There is a lot of distance to the MA. But can bulls pull their stop up below April? Some might. But there are likely buyers not too far below.<\/li>\n\n\n\n
- Always in long, so it is better to be long or flat.<\/li>\n\n\n\n
- Traders expect the first reversal to be minor.<\/li>\n\n\n\n
- Expect sideways to up next month.<\/li>\n<\/ul>\n\n\n\n
The Weekly<\/em> DAX chart<\/h3>\n\n\n\n![\"DAX](\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/06\/DAX-40-High-2-MA-Bull-Channel-Likely-Trading-Range.jpg\" "\\"\\"")
<\/a>DAX 40 High 2 MA, Bull Channel, Likely Trading Range<\/figcaption><\/figure>\n\n\n\n
<\/a><\/div>\n\n\n\n
- \n
- The DAX 40 futures<\/a> went sideways last month with a bear inside bar, a possible final flag at a measured move target.<\/li>\n\n\n\n
- The bulls see a tight channel, likely 2 legs and now sideways for one more leg up.<\/li>\n\n\n\n
- Although the bears have only managed to get below the low of a bar once in this tight channel, the small doji is likely the volatility contraction that ends the leg.<\/li>\n\n\n\n
- It’s a weak sell signal bar, so there is a low probability sell below.<\/li>\n\n\n\n
- Bulls are on the stop-entry buy above March, but they are likely disappointed that after three bars, it hasn’t gone very far.<\/li>\n\n\n\n
- Open bull gaps are so difficult to sell, and the trade would require scaling in.<\/li>\n\n\n\n
- Inside bars often have breakouts above and below. Breakouts of inside bars often come back within 5 bars.<\/li>\n\n\n\n
- If no bulls want to buy above, what do they do?<\/li>\n\n\n\n
- Always in bulls are still long, no signal to leave yet.<\/li>\n\n\n\n
- If you see April as a pullback, they expect a MM up the size above 19000.<\/li>\n\n\n\n
- The best long recently was the buy under March and exiting above March. Classic bull channel entries.<\/li>\n\n\n\n
- There is a lot of distance to the MA. But can bulls pull their stop up below April? Some might. But there are likely buyers not too far below.<\/li>\n\n\n\n
- Always in long, so it is better to be long or flat.<\/li>\n\n\n\n
- Traders expect the first reversal to be minor.<\/li>\n\n\n\n
- Expect sideways to up next month.<\/li>\n<\/ul>\n\n\n\n
The Weekly<\/em> DAX chart<\/h3>\n\n\n\n
<\/a>DAX 40 High 2 MA, Bull Channel, Likely Trading Range<\/figcaption><\/figure>\n\n\n\n