JP MORGAN – 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…
Main Latest JP MORGAN Motives
Wall Street Back to All Time High Zone
US – CHINA TRADE Hope
Rising Bond Yields
ECB Mega Dovish Strike
FED September 12 Dovish Expectations
Present JP MORGAN Situation
JP MORGAN 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 Forming Risk
First…Three Tops Reversal Pattern
Key Level 119 – 120 USD Zone
Second…Bull Markets Duration Equality
1990 – 2000 & 2009 – 2019
( Quarterly Chart )
Third…Fib Ext Target Zone
1.618% 118.41 USD
with
Risk On vs Risk Off Patterns
Inverted H&S – Neckline 120 USD
vs
Three Tops Pattern
Key Level 120 USD
( Monthly Charts )
&
MACD Quarterly Buy Signal
with Risk of M Pattern
MACD Monthly near to Active Buy Signal
EOM – September
ATA Investment Conclusion
Focus carefully on
Psychological Key Level 120 USD
with
FIB EXT 1.618% 118.41 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
JP MORGAN Quarterly & Monthly Charts
15.09.2019
