After
CAC 40 Big Picture Update
12.11.2018 – CAC 40 – MACRON OMEN ON…
DAX Big Picture Update
12.11.2018 – DAX – GERMAN EQUITY under the EDGE…
FTSE Big Picture Update
12.11.2018 – FTSE – FIGHTING with BEAR…
&
FTSE MIB Big Picture Update
12.11.2018 – FTSE MIB – from Italian Omerta to Italian Flash…
Now in
ATA RESEARCH Focus is IBEX Update
ATA Continuation of…
1.10.2017 – CATALONIAN VIRUS…
5.10.2017 – SPANISH IBEX – NO PASARAN… ( for now )…
&
12.09.2018 – IBEX – No Bulls Spanish Corrida…
Now after more than 1 Year from October 2017
IBEX Big Picture shows
Spanish RISK OFF Wave
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
with
Italian Motives – Italian Election & Last Italian Budget – Deficit
There is still NO Bull Market in Barcelona …
but
There are still…
Bearish vs Bullish Monthly Technical Patterns :
H&S Pattern with Neck Line at Key Level 8.500 Zone
vs
Invert H&S Pattern with Neck Line at Key Level 11.000 Zone
with
Monthly MACD
Sell Signal vs Trendline
All time 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
Long Term IBEX Picture shows
RISK OFF Trend Continuation
to
Test Neck Line 8.500 of H&S
of course if
this Neck line will Fall
Main Long term target will be May 2012 Low 6000 Zone
ATA IBEX Present Investment Conclusion
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 with Italian Risks
sensu stricte
No Monthly Coincidence…
Strong Wave Down
IBEX Monthly Weekly & Daily Charts :
5.10.2017
12.09.2018
IBEX Monthly Charts
12.11.2018
ATA FINANCIAL RESEARCH 