FANG + INDEX – Back Today on ATA Research Radar
FANG + INDEX – Wall Street & Global Equity Pathfinder
ATA Continuation of…
28.07.2019 – FANG + INDEX – at the Market Crossroads…
8.08.2019 – FANG + INDEX – Support Zone Battle…
with
ATA Following …
Special
15.09.2018 – Financial Decade after Lehman Panic…
&
7.09.2019 – NASDAQ – Real…No Fantastic Risk of FED Second GLOBAL EASING TOP Scenario …
FANG + INDEX Main Motives
Nasdaq – July All Time High
vs
FANG + INDEX No New Top after 2018 High
on
Nasdaq still Active Bull Market
&
GLOBAL FLAT MONEY ERROR SYSTEM MEGA RISK
GLOBAL EQUITIES & BONDS SELL OFF HIGH RISK
with
Global & CHINA – US – EU – UK Slowdown & Recession Risk
Wall Street still near All Time High Zone
US – CHINA TRADE Hope
Rising Bond Yields
ECB Mega Dovish Strike
FED Hawkish Rate Cut 25bps
GDP Forecast 2019 rising to 2.2%
PBOC – New Central China Easing Move
&
TRUMP, FED – Powell & Kudlow
US & China Agree To Resume Trade Talks In October
White House Kudlow Risk On Impulses
US Economy Potential Grow 3% or Better…!!!
Fed Rate Cut Step in Right Direction
Good Signs for US Economy
Any Recession Signals
FED Clarida Verbal Strike
Fed will take Interest Rate Policy ‘Meeting by Meeting’
US Economy – Good Place but some Risks remain
Doesn’t Anticipate Neg. Rates Being Considered
Trump China Risk On Strike
Making Progress on China
First…ATA from 8.08.2019
” 2 Master Patterns
Falling Invert Ending Diagonal
vs
Raising Invert Ending Diagonal
with
Present Weekly Hammer Candlestick Pattern
&
Now dominating Test
Lower Edge of Raising Invert Ending Diagonal
Key Level 2450
&
FIB RET Zone Last Wave Up ( 50 – 61.8% )
2400 – 2450 Zone ”
Second…Present FANG + INDEX Situation
FANG + INDEX LONG TERM SITUATION
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
still Active
2 Master Patterns
Falling Invert Ending Diagonal
vs
Raising Invert Ending Diagonal
&
Activated
2B Pattern – Key Level 2680
after Last
Dynamic Bull Wave
&
Testing July 2019 Top Zone
Key Levels 2665 – 2680
with
Last Weekly Bull Candlestick
vs
Long Upper Shadow
Back under July 2019 Top
after
August Test
Lower Edge of Raising Invert Ending Diagonal
Key Level 2450
&
FIB RET Zone Last Wave Up ( 50 – 61.8% )
2400 – 2450 Zone
Now with
MACD Weekly Activated Buy Signal
ATA FANG + INDEX Investment Conclusion
FANG + INDEX Battlefield
Resistance – 2665 – 2680
vs
Support 2450 – 2244-50
Special Focus on
Present Resistance Zone : 2665 – 2680
July 2019 Top Zone
FIB RET 78.6% Last Wave Down (2707)
with
MACD Weekly Bear Trendline
always remember
Risk strikes Fast…
Chart is More Important than 1000 Words…
&
Most Important s Final Smart Money Reaction…
First…EOD-s
Second…EOW-s
Final…EOM – Now Month September
FANG + INDEX Weekly Charts :
26.07.2019 – EOW
7.08.2019 – EOD
20.09.2019 – EOW
ATA FINANCIAL RESEARCH 