SMI – Back Today on ATA Research Radar
SMI – Swiss Equity Index from Zurich
ATA Continuation of…
29.05.2019 – SMI – SWISS MADE RELATIVE STRENGTH …
with
ATA Following …
SWISS FRANC
3.08.2019 – SWISS FRANC – SWISS SPARK in F/X DARK…
SWISS YIELD
6.07.2019 – SWISS BOND YIELD – HELVETIC SAFE HAVEN RUSH…
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
15.08.2019 – FTSE MIB – Quo Vadis Rome…
IBEX
15.08.2019 – IBEX – Far Away from Tops of the Pyrenees…
SMI – SWISS MADE
Long Term RELATIVE STRENGTH still ON…
vs
other European Equity Indexes
special from EUROZONE…
but with
First Signs of RISK OFF Reversal…
First…ATA from 29.05.2019
” SMI – still in 2008 Lehman Top Zone
Bearish Monthly Technical Pattern
Long Term Ending Diagonal
Resistance 9800 Key Level Zone ”
Second…Present SMI 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
&
SNB – Jordan
vs
ECB – Lagarde & FED & Powell Impulses
Second…Market Technical Patterns
Monthly View
Bull Market Relative Strength in Zurich …
with
First Signs of RISK OFF Reversal…
SMI all time in 2008 Lehman Top Zone
with
Bullish Secular Rising Trend Chanel
Key Level 11.600
vs
Bearish Monthly Technical Pattern
Long Term Ending Diagonal
Resistance 9800 Key Level Zone
vs
Support – Lehman Top 9450 Key Level Zone
with
Psychological Key Level 9500
&
Monthly MACD Buy Signal
Daily View
Daily H&S Pattern – Neckline 9500
with
Daily MACD Sell Signal
SMI Present Active Range
9800 – 9500-9450
ATA SMI Present Investment Conclusion
still Focus carefully on
SMI Present Active Range
9800 – 9500-9450
Open Negative Scenario
2B Risk Pattern with Ending Diagonal
needs Conformation
Break & Fall under Psychological Key Level 9500 & 9450
This Swiss Picture shows
Relative Strength vs EUROZONE Equties
vs
how far Swiss Equities are from
US WALL STREET & NASDAQ…
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
SMI Monthly & Daily Charts :
29.05.2019
15.08.2019 -EOD
ATA FINANCIAL RESEARCH 