FANG + INDEX – Bull Contraction after Winning Support Zone Battle…

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

 

FANG - 2

 

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 

FANG - W - Line

FANG - W - Fib Ret.png

7.08.2019 – EOD

FANG - W - Line

  FANG - W - Fib Ret

20.09.2019 – EOW

FANG - W - Line

FANG - W - Fib Ret

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