FTSE – Farage Winning Factor…

FTSE  –  Back Today on ATA Research Radar 

 

ATA Continuation of…

22.12.2015  –  IN FTSE…EM INVESTORS SHOULD TRUST…

7.09.2018 –  FTSE vs BREXIT PHANTOM & EUROZONE EQUITY GAME CHANGER RISK…

12.11.2018 –  FTSE – FIGHTING with BEAR…

13.01.2019  – FTSE vs BREXIT with GLOBAL RISK OFF WAVES…

 

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…

27.05.2019 –  FTSE MIB – Salvini Winning Factor…

 

 

After  1 Year &  5 Months  on FTSE   

still dominating  Negative Effects  of

TOP  PATTERN  –  2B  in  7700 Zone 

but with

Rising Correction

Return above Psychological Key Level  7000 

 

Farage

 

Present  FTSE   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 UK Motive

BREXIT 

&

Farage Winning

Farage Wins EU Election in UK

 

Second…Market Technical  Patterns 

still dominating  Negative Effects  of

TOP  PATTERN  –  2B  in  7700 Zone 

but with

Rising Correction

Return above Psychological Key Level  7000 

from

Support Zone of Rising Trend Channel 

Key Level 6500 Zone – Now 6800 Zone 

vs

Daily H&S Pattern – Neckline  7180

&

Monthly MACD Sell Signal

 

Important  FTSE  Note 

British Index  back now  above  7000  Zone 

 2000  & 2008  Top  & February – May 2015 Top 

after activated

Rising Correction from 6500 Key Level Zone 

Long term Trendline

 

Long Term  FTSE  Picture shows

Rising  RISK of  TREND CHANGE Continuation 

but Key Condition must be activated

Break Down   Key Level  7000  –  Strategic Zone  –   2000  & 2008  Top  

of course

This Level must be  Broken for Good …

 EOM – May – June 

 

This UK Picture shows

Relative Strength vs EUROZONE Equties

vs

how far UK Equities are  from

US WALL STREET & NASDAQ…

 

 

ATA   FTSE  Present Investment Conclusion

Focus carefully

Result of  Back &  Test  FTSE   Psychological Key Level  7000 

with

Last Low Zone 6500 

de facto

Long term Trendline –  Now 6800 Key Level Zone 

&

FIB RET (  23.6% ;  30%  &  38.2%  ) 

 

 

N – TIMES

Finally …

F/X  Maxim 

Most Important is  Final  Smart Money Reaction….

First…EOD-s 

Second…EOW-s

Final…EOM – Now First May

 

 

 

FTSE  Quarterly & Monthly Charts :

 

22.12.2015

ftse-q

ftse-m-2

7.09.2018

FTSE-M

FTSE-M-1

FTSE-M- 2

12.11.2018

FTSE-MFTSE-M- 2FTSE-M-1FTSE-M- 3

11.01.2019

ftse-m

ftse-m-1

ftse- fib - m

FTSE  Monthly & Daily  Charts

28.05.2019

FTSE - M - Line

FTSE - M - Fib Ret

FTSE - D - Line

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