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
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
ATA MIND OVER MARKETS
Follow the Trendlines Not the Headlines
ATA MARKET MODEL :
First…Market Motive…
Second…Market Technical Pattern…
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
FTSE Quarterly & Monthly Charts :
22.12.2015
7.09.2018
12.11.2018
11.01.2019
FTSE Monthly & Daily Charts
28.05.2019
9.08.2019 – EOW
