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
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
7.08.2019 – EOD
ATA FINANCIAL RESEARCH 