STOXX Europe 600 – Status Quo Fight…

STOXX Europe 600  –  Back Today on ATA Research Radar 

 

ATA Continuation of…

21.05.2019 –  STOXX Europe 600 – Knocking on Market Heavens Door…

with

ATA Following …

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 

15.08.2019 –  SMI – SWISS BALANCING ON THE EDGE…

 

 

More than 12  Years after 2007 Master Top on  STOXX Europe 600

after

Last Test of  Most Important Resistance Zone 

( H 397.57  ; C 396.74 ) – May 2007 

Psychological Key Level 400 

Now dominating

RISK OFF Contraction 

with

Activated  4 Reversal Patterns 

 

2  Long Term  M  Patterns  

First  May 2007 – May 2015

Second May 2015 – May 2019 

 

Hybryd H&S Pattern May 2017 – May 2019

Neckline 370 

 

M Pattern July 2018 – April 2019 

Top Zone 390

 

Deep Falling Wave Risk Rising 

but of course Remember about

Rising Probability of

ECB September Dovish…Dovisher  or even Mega Dovish Strike 

 

stock market ticker the euro stoxx banks index

 

First…ATA from  21.05.2019

” Psychological Key Level 400 

Risk of  2  Long Term  M  Patterns  

First  May 2007 – May 2015

Second May 2015 – May 2019 

Hybryd H&S Pattern May 2017 – May 2019

Neckline 370

M Pattern July 2018 – April 2019  “

 

Second…STOXX Europe 600  Index  Situation 

 

 

 

 

First…Main  Motives

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

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

TRUMP CURRENCY WAR 

&

ECB –   Lagarde  vs  FED & Powell Impulses

 

 

Second…Market Technical  Patterns 

 

Monthly View 

Now dominating

Bearish  vs Bullish  Monthly Technical Patterns  : 

Bearish 

Activated  4 Reversal Patterns 

2  Long Term  M  Patterns 

Psychological Key Level 400 

First  May 2007 – May 2015

Second May 2015 – May 2019

Hybryd H&S Pattern – Neckline 370 

May 2017 – May 2019

M Pattern – Top Zone 390

July 2018 – April 2019

vs

Bullish

Open Scenario of  Invert H&S  Pattern

Neck Line – Key Level  390 

May 2017 – Present

with

Monthly MACD

Buy Signal  & above Trendline 

 

Weekly View 

Bearish  vs Bullish Weekly Technical Patterns  : 

Bearish 

Activated  M Pattern – Top Zone 390

July 2018 – April 2019

M Pattern – Top Zone 390

April  2019 – July 2019

vs

Bullish

Open Scenario of  Invert H&S  Pattern

Neck Line – Key Level  390 

May 2017 – Present

with

Weekly MACD  Sell Signal 

 

Daily View 

Activated

M Pattern –  390 Key Level Zone 

vs

Open Scenario of  Invert 2B Pattern 

 370 Key Level Zone 

after

Cancel  Last Daily H&S Pattern – Neckline 373

by

Rising above Neckline & Dynamic Baskerville Dog  Run 

with

Daily MACD Sell Signal  

 

 

ATA Investment Conclusion

Focus on

Present Main Key Level   370

like

Dynamic Wave Trigger 

 

 

This EURO STOXX Picture shows

Relative Strength vs  South Eurozone Equties

vs

how far EURO STOXX 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

 

 

STOXX Europe 600   Monthly , Weekly  & Daily Charts :

21.05.2019

STOXX 600 - M - Line

STOXX 600 - W- Line

STOXX 600 - D - Line

16.08.2019  ( First Phase European Session ) 

STOXX 600 - M - Line

STOXX 600 - W- Line

STOXX 600 - D - Line

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