FTSE Italia All Share 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…
2018
30.05.2018 – Italian Chessboard – All Financial Roads lead to Rome…
20.08.2018 – ITALIAN RISK OFF WAVE under TURKISH COVER…
25.08.2018 – ITALIAN DEBT still under RISK…
29.09.2018 – ITALIAN RISK BOOMERANG…
14.10.2018 – ITALIAN RISK OFF STORY – MEDIA WAR with EU & ECB…
28.10.2018 – ITALY ALIVE – S&P RATING MERCY…
with
ATA Following …
FTSE MIB
15.08.2019 – FTSE MIB – Quo Vadis Rome…
EUR/USD
11.08.2019 –EUR/USD – between Rock – ECB and Hard – FED…
ITALIAN BOND YIELD
7.07.2019 – ITALIAN BOND YIELD – ECB DOLCE VITA DEBT STORY…
&
Japan TOPIX Banks
17.08.2019 – TOPIX Banks – Japan Debt Yield Omen…
DAX Banks
17.08.2019 – DAX BANKS – Decision Point in the Shadow of German Yield…
&
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…
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…
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…
FTSE Italia All Share Banks PERSPECTIVE
Almost 10 Years after All Time High…
from October 2009
October Close 27.627.61 & High 28.223.17
to August 2019
For Now August 2019 Low 7249.38
with
All Time Low 5948.53 Close 6448.90 July 2012
FTSE Italia All Share Banks Index
is all time under pressure of
Destructive Bear Market…
but with
Horizontal Trend & Dynamic Rising Contraction
for the past 7 years
First…ATA from 28.10.2018
” FTSE Italia All Share Banks
are still on
the ATA Research RADAR
with
Present Active Key Levels
7500 – 7800 vs 8000 ”
Second… FTSE Italia All Share Banks Long Term 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
&
ITALY Political Risk Boomerang
Italian Macro – Weak Italy Economy
Italian Banks Risk
with
ECB – Lagarde
with Last
ECB Dovisher Strikes Back
ECB Stimulus Package May Beat Expectations…!!!
vs
FED & Powell Impulses
Second…Market Technical Patterns
Weekly View
Mega Long Term H&S Pattern
starting from July 2012 Year
Neckline – for Now Key Level 7530
&
Long Term H&S Pattern
starting from December 2018 Year
Neckline – for Now Key Level 7400
Necklines Zone 7400 – 7530
Present Major Resistance Zone
with
MACD Weekly
Sell Signal vs above Trendline
ATA FTSE Italia All Share Banks
Present Investment Conclusion
Special Focus on
Necklines Zone 7400 – 7530
Present Major Resistance Zone
with
Present Psychological Key Level 7500
&
Italian Debt Yield
Present Range Key Levels
1.40% vs 1.50 – 1.80%
Now dominating
Negative Scenario
Italian Banks Index under Necklines
but
Dynamic Back above Necklines
First…Cancel H&S Patterns
Second…Active Dynamic Baskerville Dog Run
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
FTSE Italia All Share Banks Weekly Charts :
30.05.2018
20.08.2018
24.08.2018
28.09.2018
12.10.2018
26.10.2018
FTSE Italia All Share Banks & Italian 10Y Bond Yield Weekly Charts :
16.08.2019 – EOW
