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
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
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
&
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
16.08.2019 ( First Phase European Session )
