FTSE – No HARD BREXIT Real Strikes…

FTSE  –  Back Today on ATA Research Radar 

 

FTSE – No HARD BREXIT Real Strikes…

that’s why

only Wall Street  Direction has Matters 

with

Strongest US Index 

9.08.2019 –  NASDAQ – CHINA TRUMP & FED Verbal Rescue…

 

 

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…

28.05.2019 –   FTSE – Farage Winning Factor…

with

ATA Following …

15.09.2018 – Financial Decade after Lehman Panic…

 

FTSE Perspective 

After  1 Year &  7  Months  after  December 2017 Top   

still dominating  

Negative Effects of TOP  PATTERN  –  2B  in  7700 Zone 

but with

still Active  Rising Correction

July Testing  Psychological Key Level  7700 

vs

Last Activated 2B Pattern – Key Level 7600 

Dynamic Shot Down & Test 7150 – 7200 Zone 

 

London Stock Exchange

 

First…ATA from  28.05.2019

” 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 … 

 

Second…Present FTSE 100 Index  Situation 

 

 

 

 

First…Main  Motives

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

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

TRUMP CURRENCY WAR 

BREXIT FIGHT   by UK PM Boris Johnson  

Boris Johnson Plan –  Bailout Fund to Help Companies

at Risk of No Deal Brexit

HARD BREXIT –  Rising Probability Scenario 

BREXIT POLITICAL MESS

UK Macro  –  Weak  British GDP  

with

BOE – Bank of England Policy

vs

ECB –   Lagarde  &  FED & Powell Impulses

 

Second…Market Technical  Patterns 

After

TOP  PATTERN  –  2B  in  7700 Zone 

Now still dominating

Rising Correction

from

Support Zone of Rising Trend Channel 

Key Level 6500 Zone – Now 7000 Zone 

with

July Testing  Psychological Key Level  7700 

vs

August Activated 2B Pattern – Key Level 7600 

Dynamic Shot Down & Test 7150 – 7200 Zone

but  with

Monthly MACD  Activated Buy  Signal

 

Daily H&S Pattern  

has changed to

Invert Ending Diagonal 

Lower Edge – Key Level  7240 

with

Weekly MACD Sell  Signal

 

Important  FTSE  Note 

British Index  all time fighting in 

7900 – 7700  vs    7000 – 6700  Zone 

7900 all time High

7700  2B Pattern Key Level 

vs

7000 – 6700 

 2000  & 2008  Top  & February – May 2015 Top 

with

7240 

Daily Invert Ending Diagonal Lower Edge

 

Long Term  FTSE  Picture  still shows

Rising  RISK of  TREND CHANGE Continuation 

but Key Condition must be activated

Break Down   Key Level  7000  – 6700 –  Strategic Zone  –   2000  & 2008  Top  

of course

This Level must be  Broken for Good …

 EOM – August 

 

This UK Picture  still 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  Final Test 

First… 7240 

Second… Psychological Key Level  7000 

with

FIB RET Big  Rising Wave from Lehman Low

(  23.6% ;  30%  &  38.2%  ) 

&

Remember

BREXIT is only  Motive in Smart Money Game

Active on UK Pound

vs

No Active on FTSE 100

 

 

N – TIMES

Finally …

F/X  Maxim 

Chart is More Important than 1000 Words…

&

Most Important is  Final  Smart Money Reaction….

First…EOD-s 

Second…EOW-s

Final…EOM – Now August

 

 

 

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

9.08.2019 – EOW 

FTSE - M - Line

FTSE - M - Fib Ret

FTSE - D - Line

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