FANG + INDEX – Support Zone Battle…

FANG + INDEX   –   Back Today on ATA Research Radar 

 

FANG + INDEX  – Wall Street  &  Global Equity Pathfinder 

 

ATA Continuation of…

28.07.2019 –  FANG + INDEX – at the Market Crossroads…

with

ATA Following …

TATS –  ” ASIAN FANG ” 

TATS –  Taiwan Semiconductor , Alibaba, Tencent, Samsung

8.08.2019 –  TATS – ASIAN BIG TECH BEAR STRIKE…

&

Taiwan Semiconductor Manufacturing

8.08.2019 –  Taiwan Semiconductor Manufacturing – Global Tech Bull Hope…

Taiwan Semiconductor Index 

8.08.2019 – Taiwan Semiconductor Index – Clash of Bull & Bear Titans…

 

FANG + INDEX  Main Motive

Nasdaq  –   July All Time High 

vs

FANG + INDEX No New Top after 2018 High  

on

Nasdaq Bull Market Euphory 

with

Global & CHINA – US – EU – UK Slowdown  & Recession Risk

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

vs

GLOBAL CENTRAL EASING – CUT RATES 

4  MAIN CENTRAL BANKS EASING 

FED –  after First Rate Cut – Rate Cut Cycle Scenario on  Horizon 

ECB –  New TLTRO III  with New QE & Rate Cut on Horizon 

SNB & BOJ  NIRP Monetary Policy 

 

FANG - 1

 

First…ATA  from  28.07.2019

” FANG + INDEX   Battlefield 

Resistance – 3063 – 3000  –  2830 – 2800 

vs

Support  2450 – 2244-50   –   2065 – 2000  

with

FIB RET

Long Bull Trend  &  2 Last Wave Down vs Last Wave Up   ”

 

 

Second…Present  FANG + INDEX Situation 

FANG + INDEX  LONG TERM  SITUATION 

ATA MARKET MODEL  IN LONG TERM ACTION  

 

ATA MIND OVER MARKETS

Follow the Trendlines  Not the Headlines 

 

ATA MARKET MODEL : 

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Key Motives

above in this text…

 

Second…Market Technical Patterns

still Active

2  Master Patterns 

Falling Invert Ending Diagonal 

vs

Raising Invert Ending Diagonal 

with

Present Weekly Hammer Candlestick Pattern 

&

Now dominating  Test 

Lower Edge of  Raising Invert Ending Diagonal 

Key Level 2450 

&

FIB RET  Zone Last Wave Up  ( 50 – 61.8% )

2400 – 2450 Zone 

with

still Active MACD Weekly Buy Signal 

 

 

ATA  FANG + INDEX  Investment Conclusion 

FANG + INDEX   Battlefield 

Resistance – 3063 – 3000  –  2830 – 2800 

vs

Support  2450 – 2244-50   –   2065 – 2000  

 

Special Focus on

Present Support Zone  2400 – 2450 

Lower Edge of  Raising Invert Ending Diagonal 

FIB RET  Zone Last Wave Up  ( 50 – 61.8% )

 

always remember

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

First…EOD-s

Second…EOW-s

Final…EOM – Now Month  August

 

 

FANG + INDEX   Weekly   Charts :

26.07.2019 – EOW 

FANG - W - Line

FANG - W - Fib Ret.png

7.08.2019 – EOD

FANG - W - Line

  FANG - W - Fib Ret

38 thoughts on “FANG + INDEX – Support Zone Battle…

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