After
CAC 40 Big Picture
CAC 40 – 1 Year after MACRON OMEN…
DAX Big Picture
DAX – GERMAN EQUITY on the EDGE…
FTSE Big Picture
FTSE vs BREXIT PHANTOM & EUROZONE EQUITY GAME CHANGER RISK…
&
FTSE MIB Big Picture
FTSE MIB – Italian Risk Omerta…
Today in
ATA RESEARCH Focus is IBEX 35 – Spanish Equity Index
with
NO BULLS CORRIDA…
ATA Continuation of…
1.10.2017 – CATALONIAN VIRUS…
&
5.10.2017 – SPANISH IBEX – NO PASARAN… ( for now )…
Now after almost 1 Year…
IBEX Big Picture still shows NO BULLS CORRIDA…
like in CAC DAX FTSE & FTSE MIB Research
ATA MIND OVER MARKETS…
ATA MARKET MODEL :
First…Market Motive…
Second…Market Technical Pattern…
Present IBEX Situation
After last Spanish Motive – Catalonian Referendum
There is NO Bull Market in Barcelona …
but
There are Bearish vs Bullish Monthly Technical Patterns –
H&S Pattern with Neck Line at Key Level 8.500
vs
Invert H&S Pattern with Neck Line at Key Level 11.000
with
Monthly MACD Sell Signal
by the H&S vs Invert H&S way
This could be a Triangle Monthly Pattern
Important IBEX Note
Spanish Index is now under this 11.500 – 12.000 Zone – 2009 & 2015 Top
ATA IBEX Present Investment Conclusion
Long Term IBEX Picture shows
BIG RISK of RISK OFF Trend Continuation
to
Test Neck Line 8.500 of H&S
with
Game Changer – Key Level 11.000 – Strategic Zone – Neck Line of Invert H&S
with
2009 & 2015 Top 11.500 – 12.000 Zone
but of course first of all
This Level must be BROKEN UP by Strong RISK ON WAVE…!!!
Broken for Good …
This Spanish Picture, like earlier French German British & Italian , shows
First…how far are EUROZONE… EUROPE & UK Equities from
US WALL STREET & NASDAQ…
&
Second…Clear No Coincidence… after Big Sign – Spanish Risks :
Catalonia & Debt
sensu stricte
No Monthly Coincidence…!!!
like in…
of course
Special Focus on
Next Days ( EOD ) with Present Week ( EOW ) & of course September ( EOM )
with
Most Important Key Levels : 8.500 vs 11.000
IBEX Monthly Weekly & Daily Charts :
5.10.2017
12.09.2018
ATA FINANCIAL RESEARCH 