FTSE MIB – Salvini Winning Factor…

FTSE MIB  –  Back Today on ATA Research Radar 

 

ATA Continuation of…

9.07.2016  – EUROPEAN BANKS – TURNING POINT HIGH PROBABILITY …

10.07.2016 – EUROPEAN BANKS – STRATEGIC VIEW…

30.05.2018  –  Italian Chessboard – All Financial Roads lead to Rome…

11.09.2018 –  FTSE MIB – Italian Risk Omerta…

12.11.2018 –  FTSE MIB – from Italian Omerta to Italian Flash…

14.01.2019 –  FTSE MIB vs Salvini New European Order Vision…

 

ATA Following …

9.05.2019 –  DAX – FIGHTING in MASTER EQUATOR 12.000…

21.05.2019 –  STOXX Europe 600 – Knocking on Market Heavens Door…

21.05.2019 –  Euro Stoxx 50 – Fighting…far away from Top Year 2007…

&

27.05.2019 –  CAC 40 – Le Pen Winning Factor…

 

 

FTSE MIB – Italian Equity Index from Milan 

Over  10  Years after Lehman Low…

FTSE MIB  long term picture shows Consolidation…No Rising Trend 

still under Top from 2009 Year…

 

 

First

ATA Tweets ex ante…

ITALY RATING Verdict

by

S&P

Italy BBB/A-2 Ratings Affirmed

but

Outlook Negative

DXY – Focus on Key Level 98

Key Levels (EOW)

EUR/USD 1.11 vs 1.12 (1.1154)

DXY Index 98 (98.05)

GOLD Spot 1280-1300 USD (1286)

remember

Most Important Final SM Reaction-EOM-April pic.twitter.com/hkG017YbpH

— Piotr Janiszewski (@ATAFIN) April 27, 2019

ITALY RATING Verdict Smart Money Move

FTSE MIB Index >21.500 (21674)

10Y Bond Yield > 2.50% (2.578%)

EUR/USD in 1.1150 (1.1155)

DXY in 97.50 – 98 Zone (97.75)-Jun Fut

GOLD 1280-1300 USD (1284)-Jun Fut

Most Important Final SM Reaction-EOM-April pic.twitter.com/idMEYiYKPk

— Piotr Janiszewski (@ATAFIN) April 29, 2019

ITALIAN GDP

1Q

Y/Y 0.10% (est -0.10% ; prev 0.00%)

Q/Q 0.20% (est 0.10% ; prev -0.10%)

–

EURO still Intraday > Key Level 1.12

EUR/USD > 1.12 (1.1208)

DXY < 97.50 (97.35) -Jun Fut

GOLD > 1280 (1286)-Jun Fut

–

Most Important SM Reaction -H4-EOD pic.twitter.com/kUS5P7PfwY

— Piotr Janiszewski (@ATAFIN) April 30, 2019

ITALY Macro Factor

Italy’s Istat Leading Indicator Declines in April
–
Less Than In Previous Months

but

EURO Shot Down under Master Key Level 1.12

EUR/USD < 1.12 (1.1193)

DXY up from 97 Zone (97.30) -Jun Fut

GOLD stil in 1280 Zone (1282)-Jun Fut

Focus H1-H4-EOD pic.twitter.com/tY1iScFsye

— Piotr Janiszewski (@ATAFIN) May 7, 2019

EU Cuts GDP Forecast 2019 – Warning of Euro-Area Risks

Eurozone to 1.20%

German to 0.5%

Italy to 0.1%

EURO Shot Down more under Master Key Level 1.12

EUR/USD < 1.12 (1.1185)

DXY in 97.50 Zone (97.40) -Jun Fut

GOLD stil in 1280 Zone (1281)-Jun Fut

Focus H1-H4-EOD pic.twitter.com/tEKTWo40iO

— Piotr Janiszewski (@ATAFIN) May 7, 2019

Italy Industrial Production

March

Y/Y -1.4% (est -0.8%, prev 0.9%)

M/M -0.9% (est -0.8%, prev 0.8%)

but

No EURO Falling

EUR/USD > 1.12 (1.1223)

DXY in 97 (97.18) -Jun Fut

GOLD > 1280 (1285)-Jun Fut

Focus on H1-H4-EOD-EOW pic.twitter.com/P9Nsa5Cgyo

— Piotr Janiszewski (@ATAFIN) May 10, 2019

Italy Retail Sales

March
Y/Y -3.3% (est 1.0%, prev 0.9%)
M/M -0.3% (est 0.1%, prev 0.1%)

but

No EURO Falling

EUR/USD > 1.12 (1.1231)

DXY in 97 (97.13) -Jun Fut

GOLD > 1280 (1285)-Jun Fut

Focus on H1-H4-EOD-EOW pic.twitter.com/xsA8UdND0v

— Piotr Janiszewski (@ATAFIN) May 10, 2019

Premier Salvini Verbal Strike

Italy will break the 3% Budget Deficit
&
Debt-to-GDP go Higher if needed

It 10Y B Yield 2.748

No EURO Falls – Master Key Level 1.12

EUR/USD > 1.12 (1.1213)

DXY in 97 (97.27) -Jun Fut

GOLD Test 1300 (1299)-Jun Fut

Focus on H1-H4-EOD pic.twitter.com/FDOdB3xQsn

— Piotr Janiszewski (@ATAFIN) May 15, 2019

New Italian PM Salvini EURO Risk Off Verbal Strike

Let’s Remove, Let’s Loosen EU Budget Rules…!!!

but

No EURO Dynamic Shot Down < 1.1150 – Master Key Level 1.12

EUR/USD > 1.1150 (1.1163)

DXY < 98 (97.77) -Jun Fut

GOLD < 1280 (1276)-Jun Fut

Focus on H1-H4-EOD pic.twitter.com/OqaQd1oShf

— Piotr Janiszewski (@ATAFIN) May 20, 2019

ITALY – Salvini New Verbal Strike

Totally Re-Discuss Old & Outdated EU Fiscal Rules

If EU tells Gvt to Make Cuts He Will Say No

EURO still < Master Key Level 1.12 (1.1195)

vs

DXY > 97.50 (97.57)

&

GOLD in 1285 (1285)

Most Important Final SM Reaction- H1-H4-EOD pic.twitter.com/3gwB7LrIwx

— Piotr Janiszewski (@ATAFIN) May 27, 2019

ITALY ERROR…

Italy 10-Year Bond Yield 2.71%

FTSE MIB 20,363.13 -0.06%

EURO still < Master Key Level 1.12 (1.1190)

vs

DXY > 97.50 (97.63)

&

GOLD < 1285 (1284)

Most Important Final SM Reaction-H1-H4-EOD-EOW pic.twitter.com/ce23qArKl0

— Piotr Janiszewski (@ATAFIN) May 27, 2019

 

 

Second

Present  FTSE MIB  Situation 

ATA MIND OVER MARKETS

ATA MARKET MODEL : 

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Main Motives

Global & EUROZONE  Slowdown  & Risks 

European Political Risk  

ECB Monetary Policy

EU Cuts GDP Forecast 2019 – Warning of Euro-Area Risks

&

TRUMP Trade War

Tariffs Trump Key Tweet 

New US Tariffs

New China Tariffs 

&

IRAN – AMERICAN STRIKE RISK

NORTH KOREA RISK Back 

with

Special Italian Motives   

Italian Budget – Deficit 

&

Salvini Winning

Salvini Wins EU Election in Italy

 

Second…Market Technical  Patterns 

Bear Market all time dominates in Milan

Italy Index  is  still   under   TOP  Resistance Zone  ( 2009 & 2015 Highs )

with

Strategic  Key Level   23500 

far..far away from  2008  TOP  44.000 Zone  before the LEHMAN 

First of All dominates

Long Term Triangle Pattern 

&

2B  Pattern activated in April 2018

with

Daily H&S Pattern – Neckline 20.600

vs

Psychological Key Level 20.000 

Rising Trendline 18.800

Now dominating

New Wave Down 

&

MACD Monthly  Sell Signal

 

MIB  Present Active Range

23.500 – 18.800

 

Remember

If   FTSE MIB & MACD Trendline will  Fall 

Main Long term target will be  2012 Low 12800 – 13000 Zone 

 

ATA   FTSE  MIB  Present Investment Conclusion

Focus carefully

Final Result of the Test 

FTSE MIB  Trend Line 18.800 Zone

with

Psychological Key Levels 

 20.000 & 19.000

&

MACD Monthly Trendline 

 

 

 

This Italian  Picture,   shows

First…how far are  EUROZONE… EUROPE  & UK  Equities  from

US WALL STREET & NASDAQ…

&

Second…Clear  No Coincidence…  after  Big Sign –  Italian  Risks

Salvini , Debt & Deficit with Slowdown or Recession 

sensu stricte  

No Monthly  Coincidence…

Long Term Dynamic RISK OFF Wave

of course with

Rising Corrections 

N – TIMES

Finally …

F/X  Maxim 

Most Important is  Final  Smart Money Reaction….

First…EOD-s – Monday after European Parliament Election

Second…EOW-s

Final…EOM – Now First May

 

FTSE  MIB  Monthly  Weekly & Daily Charts :

 

11.09.2018 

FTSE MIB Monthly  Charts

12.11.2018 

14.01.2019

 

FTSE MIB Monthly & Daily Charts :

27.05.2019