TOPIX Banks – Japan Debt Yield Omen…

TOPIX Banks  –  Today on ATA Research Radar 

 

ATA Following …

NIKKEI 

16.08.2019 –  NIKKEI – BOJ is NOT ENOUGH…

YEN

2.08.2019 – YEN – ESCAPE to JAPAN SAFE HAVEN…

JAPAN YIELD

6.07.2019 –  JAPAN BOND YIELD – Enigmatic Letters from Debt Iwo Jima…

&

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…

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…

 

 

Japan TOPIX Banks  PERSPECTIVE 

 

Bank of Japan in Central Socialism Action

 

Top Shareholder of Japan Stocks in 2020

Top Shareholder in 23 Companies

vs

TOPIX Banks almost Back to Abyss Zone Key Low June 2012 96.10

Now 129.79

All Time Low June 2012  (96.10) 

vs

All Time High December  1989  (1477.24) 

 

 

First…

ATA Tweet…

Bank of Japan in Central Socialism Action

Top Shareholder of Japan Stocks in 2020

Top Shareholder in 23 Companies

vs

TOPIX Banks almost Back to Abyss Zone

Key Low June 2012 96.10

Now 129.79 pic.twitter.com/2FLW77jyuU

— Piotr Janiszewski (@ATAFIN) August 16, 2019

 

 

Second… Japan TOPIX Banks Index Secular 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  & Japan

Slowdown  & Recession Risk

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

TRUMP CURRENCY WAR 

&

BOJ – KURODA 

vs

ECB –  Lagarde  vs  FED – Powell Impulses

 

Second…Market Technical  Patterns 

Monthly View 

Long Term dominating 

Secular Bear Trend  for 1989 year

with

Last Horizon Consolidation for 2016 year

&

after Activated Last

First…H&S Pattern 

Second…Wave Down 

Now dominating

Test June 2016 Low – Key Level 

( Low 123.67  Close 129.26 )

Open Scenario W Pattern – Key Level 129 

but if Break Down

Next  Main Target 

All Time Low June 2012  ( 96.10 ) 

 

Monthly MACD

Sell Signal  vs above Trendline 

 

 

ATA Investment Conclusion

Focus on

Present Main Key Level  129

with

MACD  &   FIB RET 

&

10Y Japan Bond Yield

Research

Technical Pattern 

for Now

Open Scenario W Pattern – Key Level 129 

 

This TOPIX Banks Picture shows

how far Japan Banks 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

 

 

TOPIX Banks  &  10Y Japan Bond Yield Monthly Charts :

16.08.2019 – EOW