Goldman Sachs – Today on ATA Research Radar
ATA Following …
EUROZONE Banks
17.08.2019 – STOXX Banks – Secular View after Fall from the Edge…
Italian Banks
17.08.2019 – FTSE Italia All Share Banks – Italian RISK OFF Job…
German DAX Banks
17.08.2019 – DAX BANKS – Decision Point in the Shadow of German Yield…
Japan TOPIX Banks
17.08.2019 – TOPIX Banks – Japan Debt Yield Omen…
US Banks
18.08.2019 – KBW Bank Index – American Banks Relative Strength but with RISK OFF Signs …
Deutsche Bank
15.09.2019 – DB – ECB Central RISK ON Verdict…
JP MORGAN
15.09.2019 – JP MORGAN – Hitting Major Top Target Zone…
Main Latest Goldman Sachs Motives
Wall Street Back to All Time High Zone
US – CHINA TRADE Hope
Rising Bond Yields
ECB Mega Dovish Strike
FED Hawkish Cut
with
Active Negative Divergence
DJIA – July All Time High
vs
Goldman Sachs
still No New Top on Nasdaq Bull Market
Last All Time High almost Year & Half ago
March 2018 275.31 USD
Present Goldman Sachs Situation
Goldman Sachs SECULAR SITUATION
ATA MARKET MODEL IN LONG TERM ACTION
ATA MIND OVER MARKETS
Hope is Not a Strategy
Follow the Trendlines Not the Headlines
ATA MARKET MODEL
First…Market Motive…
Second…Market Technical Pattern…
First…Key Motives
above in this text…
Second…Market Technical Patterns
Major Top Risk
Activated Two 2B Patterns
Smaller – Key Level 255 USD
Bigger – Key Level 250 USD
with
Open Risk Off Scenario
H&S Pattern – Neckline 163 USD
Now forming Right Shoulder Top
Psychological Key Level 220 USD
( Quarterly & Monthly Charts )
&
MACD Quarterly Sell Signal
vs
MACD Monthly Activated Buy Signal
need confirmation EOM – September
ATA Investment Conclusion
Focus carefully on
Psychological Key Level 220 USD
of course
EOM – September
Always remember
Market Trend always changed when Mainstream Media created
One Slogan ” No Chance for Change “…
that’s why
Charts show you Reversal Pattern First ex ante…!!!
N – TIMES
Finally …
F/X Maxim
Most Important is Final Smart Money Reaction….
Now EOM – September
Goldman Sachs Quarterly & Monthly Charts :
