STOXX Europe 600 – Knocking on Market Heavens Door…

STOXX Europe 600  –  Today on ATA Research Radar 

 

ATA Following …

DAX 

9.05.2019 –  DAX – FIGHTING in MASTER EQUATOR 12.000…

12.05.2019 –  DAX BANKS in MARKET ABYSS…

18.05.2019 –  DAX Automobile on the Long Term Market Edge…

US

13.05.2019 –  NASDAQ – CHINA DRAGON VERBAL STRIKE…

18.05.2019 –  DJIA – 3 Peaks of US Equities Himalayas…

19.05.2019 –  S&P500 – Another 3 US Stock Himalayas Peaks…

19.05.2019 –  DJTA – Lower Top Negative Divergence…

20.05.2019 –  DJ UTILITY – Escape to Defense Sector…

20.05.2019 –  RUSSELL 2000 – No Total Return after 2018 Shot Down…

20.05.2019 –  NYSE Comp – 3 Ever Lower Tops…

with

5.05.2019 –  US BOND YIELDS – WALL STREET BUBBLE TOPS & CRISES LEADING INDICATOR …

6.05.2019 – VIX – SECULAR VIEW beyond TRUMP TWEET RISK OFF TRIGGER…

 

 

Exactly  12  Years after 2007 Master Top on  STOXX Europe 600

still dominated

Testing Most Important Resistance Zone 

( H 397.57  ; C 396.74 ) – May 2007 

with

Psychological Key Level 400 

&

Risk of  2  Long Term  M  Patterns  

First  May 2007 – May 2015

Second May 2015 – May 2019 

with

Hybryd H&S Pattern May 2017 – May 2019

Neckline 370 

&

Last

M Pattern July 2018 – April 2019 

Top Zone 390

&

H&S Pattern February – May 2019 

Neckline 330

of course

Master  Key Condition

No EOW & EOM Close above Key Level  400

vs

Break Up Psychological Key Level  400

will open

Market Upside Space for  European Equities

&

Cancel Risk Off Patterns

with

Deep Falling Wave Risk

 

Master Analogy Situation 

21.08.2016 – NASDAQ(S) – Big Picture – 18 Months Over 2000 year Top…

 

Stoxx-600

 

Present  STOXX Europe 600  Situation 

ATA MIND OVER MARKETS

ATA MARKET MODEL : 

First…Market Motive…

Second…Market Technical  Pattern…

 

Main Global Risk Off Motives

Risk of  Global – US Slowdown or Recession 

Trump Trade War 

with

 Tariffs Trump Key Tweet 

New US Tariffs

New China Tariffs 

&

US – IRAN Geopolitical Risk 

vs

US GDP

 

Main Technical  Patterns

Testing Most Important Resistance Zone 

( H 397.57  ; C 396.74 ) – May 2007 

with

Psychological Key Level 400 

&

Risk of  2  Long Term  M  Patterns  

First  May 2007 – May 2015

Second May 2015 – May 2019 

with

Hybryd H&S Pattern May 2017 – May 2019

Neckline 370 

&

Last

M Pattern July 2018 – April 2019 

&

H&S Pattern February – May 2019 

vs

MACD Monthly near Active Buy Signal – EOM – May

of course

Master  Key Condition

No EOW & EOM Close above Key Level  400

vs

Break Up Psychological Key Level  400

will open

Market Upside Space for  European Equities

&

Cancel Risk Off Patterns

with

Deep Falling Wave Risk

 

STOXX Europe 600  Present Active Range 

400-390   –  370

 

 

ATA Investment Conclusion

Focus on

Present Main Key Range  400-390   –  370

with

Looking for

Dynamic Wave activated Present Key Levels…

 

always remember

Most Important is Final Smart Money Reaction

First…EOD-s

Second…EOW-s

Final…EOM – Key Month May

 

 

STOXX Europe 600   Monthly , Weekly  & Daily Charts :

21.05.2019

STOXX 600 - M - Line

STOXX 600 - W- Line

STOXX 600 - D - Line

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