IBEX – SPANISH EQUITY without SUN…

After

CAC 40  Big Picture Update

13.01.2019 –  CAC 40 in YELLOW VESTS HOLDFAST…

DAX  Big Picture Update

13.01.2019 –  DAX – GERMAN RISK OFF Wave…

FTSE  Big Picture Update

13.01.2019  –  FTSE vs BREXIT with GLOBAL RISK OFF WAVES…

&

FTSE  MIB  Big Picture Update

14.01.2019 –  FTSE MIB vs Salvini New European Order Vision…

 

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…

&

12.11.2018 –  IBEX – Spanish Powerlessness…

 

Now after  more than 1 Year from May 2017

IBEX Big Picture  still shows

Spanish  Equity  long term Weakness…

with

Present Rising Correction 

from

Support Zone  of Rising Trendline 

Key Level 8.500 Zone 

on

Present  Spanish Motives

Catalan Independence

European Slowdown or Recession 

European Political Risk 

with

ECB End of QE 

 

borsa barcelona

 

First

ATA Tweets ex ante…

 

 

Second

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 

Spanish Motives  

Catalan Independence

European Slowdown or Recession 

European Political Risk 

with

ECB End of QE 

 

There is still  NO Bull Market in  Barcelona …

but

There are  still…

Bearish  vs Bullish  Monthly Technical Patterns  : 

Long Term Triangle 

with

H&S Options : 

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  & Break Down  Trendline 

 

 

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  Domination

with

Present Rising Correction 

from

Support Zone  of Rising Trendline 

Key Level 8.500 Zone 

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

January  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 European  Risks – Political & Financial

ECB – End of  QE

sensu stricte  

No Monthly  Coincidence…

Long term Wave Down 

but with

Present Rising Correction 

 

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

14.01.2019

ibex - m

ibex - m - 1

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