DAX BANKS – Decision Point in the Shadow of German Yield…

DAX Banks    –   Back  Today on ATA Research Radar 

 

ATA Continuation of…

2016

9.07.2016  – EUROPEAN BANKS – TURNING POINT HIGH PROBABILITY …

10.07.2016 – EUROPEAN BANKS – STRATEGIC VIEW…

2019

12.05.2019 –  DAX BANKS in MARKET ABYSS…

with

ATA Following …

DAX 

3.08.2019 –  DAX – STRIKE under EQUTOUR 12.000

EUR/USD 

11.08.2019 –EUR/USD – between Rock – ECB and Hard – FED…

GERMAN BOND YIELD 

13.07.2019 –  GERMAN BOND YIELD – from Last DEBT RUSH to Real DEBT AMBUSH…

Japan TOPIX Banks 

17.08.2019 –  TOPIX Banks – Japan Debt Yield Omen…

&

Euro Stoxx 50

16.08.2019 – Euro Stoxx 50 – Euro Risk 50/50…

STOXX Europe 600

16.08.2019 –  STOXX Europe 600 – Status Quo Fight…

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…

NIKKEI 

16.08.2019 –  NIKKEI – BOJ is NOT ENOUGH…

 

 

DAX BANKS  PERSPECTIVE 

More than 12 Years after  All Time High…

from May – June 2007

May Close 702.57& June High 710.50 

to December 2018 – August  2019

December 2018 Low 62.34  & August 2019 Low 56.96

DAX Banks Index

is all time under pressure of

Mega Destructive Bear Market…

New All Time Low  56.96  August 2019

 

DAX BANKS - 1

 

First…ATA from  12.05.2019 

” DAX Banks Index

is still under pressure of

Mega Destructive Bear Market…

Special  Focus on

Present Range  

Master Psychological Key Levels 

60  vs  80  Zone    ”

 

&

ATA Tweets…

 

 

 

 

Second… DAX Banks Index Long Term Situation 

 

 

 

 

First…Main  Motives

Global & CHINA – US – EU – UK  & Japan

Slowdown  & Recession Risk

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

TRUMP CURRENCY WAR 

&

ECB –  Lagarde 

with Last

ECB Dovisher Strikes Back

ECB Stimulus Package May Beat Expectations…!!!

vs

FED – Powell Impulses

with

German Banks Risk 

German Climate Debt Plan

Pressure on New German Fiscal Stimulus Package

vs

Merkel – No Need Fiscal Stimulus Package

 

 

Second…Market Technical  Patterns 

Monthly View 

dominating

Two Major Bull Reversal Patterns 

Mega Long Term Ending Diagonal 

starting from 2010 Year

&

Long Term Ending Diagonal 

starting from 2015 Year

with

Super Resistance Zone 

Master Low  71.62  & Close 80.93  September 2016 

&

Last Falling Trendline  – Key Level 65 

with

Resistance – December 2018 Low Zone  62 -65

vs

Now  Testing

Key Level  60 Zone 

for Now Close > 60  vs  August  Low 56.96 

Lower Edge of  Long Term Ending Diagonal 

starting from 2015 Year

&

MACD Monthly  

Sell Signal  vs  near to generates  Buy Signal 

Long Term Positive Divergence from 2011 Year 

still above Trendline 

 

 

ATA   DAX Banks  Present Investment Conclusion

still Special  Focus on

Present Range  

Resistance – December 2018 Low Zone  62 -65

vs

Support – Last August Low 56.96 – 60.33

with

Present Psychological Key Level  60 

&

German Debt Yield 

Present Range Key Levels 

-0.70%    vs    -0.50%  &  -0.40% 

 

 

Real Positive Scenario

Active Defense Key Level 60 ( EOM ) 

Shot Up  above 

December 2018 Low Zone  62 -65

&

Back above  Key Level  Low 71.62 – Close 80.93 

September 2016 

that will  Activate

Invert 2B Pattern 

but still

German Banks need the Power RISK ON Trigger…!!!

 

Top of the Trigger List :

ECB Monetary Policy Decisions – September Meeting

&

Activated German Stimulus Program  

 

 

of course

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

 

 

DAX Banks Index & Germany 10Y Bond Yield  Monthly Charts :

10.05.2019

DAX Banks - M - Line

DAX Banks - M - Line - Focus

16.08.2019 – EOW

DAX Banks - M - Line

DAX Banks - M - Line - Focus

DAX Banks - M - MACD

German Yield - M - Focus N png

 

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