FTSE MIB – Quo Vadis Rome…

FTSE MIB  –  Back Today on ATA Research Radar 

 

ATA Continuation of…

9.07.2016  – EUROPEAN BANKS – TURNING POINT HIGH PROBABILITY …

10.07.2016 – EUROPEAN BANKS – STRATEGIC VIEW…

30.05.2018  –  Italian Chessboard – All Financial Roads lead to Rome…

11.09.2018 –  FTSE MIB – Italian Risk Omerta…

12.11.2018 –  FTSE MIB – from Italian Omerta to Italian Flash…

14.01.2019 –  FTSE MIB vs Salvini New European Order Vision…

27.05.2019 –  FTSE MIB – Salvini Winning Factor…

with

ATA Following …

ITALIAN YIELD 

7.07.2019 –  ITALIAN BOND YIELD – ECB DOLCE VITA DEBT STORY…

DAX 

3.08.2019 –  DAX – STRIKE under EQUTOUR 12.000

FTSE 

10.08.2019 –  FTSE – No HARD BREXIT Real Strikes…

CAC

14.08.2019 –  CAC 40 – La Manche Drift…

 

 

FTSE MIB – Italian Equity Index from Milan 

Over  10 Years after Lehman Low (March 2009)

FTSE MIB  long term picture shows Consolidation…No Rising Trend 

all time  under Top from  October 2009 Year…

 

Borsa-Italia-1

 

First…ATA from  27.05.2019

” Bear Market all time dominates in Milan

Italy Index  is  still   under   TOP  Resistance Zone  ( 2009 & 2015 Highs )

with

Strategic  Key Level   23500 

vs

Psychological Key Level 20.000 

Rising Trendline 18.800   ”

 

Second…Present FTSE MIB  Index  Situation 

 

 

 

 

First…Main  Motives

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

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

TRUMP CURRENCY WAR 

&

ITALY Political Risk Boomerang

Italian  Macro  –  Weak  Italy  Economy  

Italian Banks Risk 

with

ECB –   Lagarde  vs  FED & Powell Impulses

 

 

Second…Market Technical  Patterns 

 

Monthly View 

Bear Market  in Milan  all time ON…

Italy Index  is  still   under   TOP  Resistance Zone  ( 2009 & 2015 Highs )

Strategic  Key Level   23500 

far..far away from  2008  TOP  44.000 Zone  before the LEHMAN 

First of All   all time dominating

Long Term Triangle Pattern 

&

2B  Pattern activated in April 2018

Key Level  23500 

vs

Psychological Key Level 20.000 

Rising Trendline 18.800

with

Monthly MACD  

Activated Buy Signal  & above Trendline 

 

Daily View 

2B Pattern  in 22.000 Key Level Zone 

vs

W Pattern   in  19.800 Key Level Zone 

after

Cancel  Last Daily H&S Pattern – Neckline  20.600

by

Rising above Neckline & Dynamic Baskerville Dog  Run 

with

Daily MACD Sell Signal  

 

 

FTSE MIB  Present Active Range

19.800  – 20.000    vs    22.000   

 

ATA   FTSE  MIB  Investment Conclusion

Long Term

If   FTSE MIB & MACD Trendline will  Fall 

Main Long term target will be  2012 Low 12800 – 13000 Zone 

 

Present 

Focus carefully

Final Result of the Test 

Daily W Pattern  in  19.800 Key Level 

Monthly Trend Line 18.800 Key Level 

with

Psychological Key Levels 

 20.000 & 19.000

&

MACD Monthly Trendline 

 

 

 

This Italian  Picture,   shows

First…how far are  EUROZONE Equity Markets  from

US WALL STREET & NASDAQ…

&

Second…Clear  No Coincidence…  after  Big Sign –  Italian  Risks

Salvini , Debt & Deficit with Slowdown or Recession 

sensu stricte  

No Monthly  Coincidence…

Long Term Dynamic RISK OFF Wave

with

all time Active  Long Term Triangle Pattern 

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  MIB  Monthly  Weekly & Daily Charts :

 

11.09.2018 

MIB - M

MIB - W

MIB - D

FTSE MIB Monthly  Charts

12.11.2018 

MIB - M

MIB - M - 1

14.01.2019

mib - m mib - m - 1

FTSE MIB Monthly & Daily Charts :

27.05.2019

FTSE MIB - M - Line

FTSE MIB - D - Line

14.08.2019 – EOD

FTSE MIB - M

FTSE MIB - M - Line

FTSE MIB - D - Line

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