SMI – SWISS BALANCING ON THE EDGE…

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…

 

SWISS STOCK EXCAHNGE

 

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 

 

 

 

 

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 

SMI - M - Line

SMI - D - Line

15.08.2019 -EOD

SMI - M - Line

SMI - D - Line

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