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…
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
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