IBEX – Spanish Powerlessness…

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

 

Madrid Stock Exchange

 

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

Focus carefully

Result of the Test 

IBEX  H&S  Neck Line  8500 Zone

with

MACD Monthly Trendline 

Now

Research  Key Pattern 

of course keep in mind

November & December  EOM

 

 

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 

IBEXM -M 2017

12.09.2018 

IBEX - M

IBEX - W

IBEX - D

IBEX  Monthly  Charts

12.11.2018 

IBEX - M

IBEX - M - 1

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