FTSE Italia All Share Banks – Italian RISK OFF Job…

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 

 

ITALIAN Banca

 

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 

 

 

 

 

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

Your new TVC (22)

20.08.2018

 

 

ITALY BANKS-W

24.08.2018

 

 

italy banks

28.09.2018

 

 

FTSE - ITALY BANKS - LINE - W

 

12.10.2018

 

 

FTSE - ITALY BANKS - LINE - W

 

26.10.2018

 

 

FTSE - ITALY BANKS - LINE - W

 

FTSE Italia All Share Banks & Italian 10Y Bond Yield  Weekly Charts :

16.08.2019 – EOW

ITALIAN Banks - W - Line

ITALIAN Banks - W - Line Focus

ITALIAN Banks - W - MACD

ITALIAN Yield - W

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