Saudi Arabia TASI – Stock Market Awakening Trial by Aramco IPO…

Saudi Arabia TASI –  Back Today on ATA Research Radar 

 

ATA Continuation of…

15.09.2019 –  Saudi Arabia TASI – Bear Domination…

17.09.2019 –   Saudi Arabia TASI – Dynamic Short Term Bull Contraction…

21.09.2019 –  Saudi Arabia TASI – Short Term Bull Reversal Continuation …

22.09.2019 –  Saudi Arabia TASI – Bull Short Term Full Control – Calm after Panic…

17.11.2019 –  Saudi Arabia TASI – Aramco IPO Playing Motive…

with

ATA Following …

OIL

19.11.2019 –  OIL – ARAMCO IS NOT ENOUGH…

Special

15.09.2018 – Financial Decade after Lehman Panic…

 

 

Main Latest Saudi Arabia TASI Motives

Global Smart Money  still playing Motive 

Saudi Aramco IPO 

Now Active

Aramco pre-IPO  Roadshow

but

Wall Street New November All Time Highs 

vs

Saudi Arabia TASI far away from 2006  Top 

20966.58 – February 2006 vs Now 8000 Zone 

&

US – CHINA  TRADE  SAGA

BREXIT  SAGA 

MAINSTREAM MEDIA WALL STREET ECSTASY 

FED – NEW EASING WAVE ” NOT QE4 ” 

MAIN CENTRAL BANKS DOVISH 

vs

GLOBAL FLAT MONEY ERROR SYSTEM MEGA RISK 

GLOBAL EQUITIES & BONDS SELL OFF HIGH RISK 

Global & CHINA – US – EU – UK Slowdown  & Recession Risk

with

SYRIA – TURKEY  &  IRAN 

 

Saudi Index - 5

 

First…ATA from  17.11.2019 

” Active Range Key Levels 7500 – 8000

Psychological Key Level 8000   

 

 

Second…Present  Saudi Arabia TASI  Situation 

TASI  SECULAR  & SHORT TERM SITUATION 

ATA MARKET MODEL IN LONG & SHORT TERM ACTION  

 

ATA MIND OVER MARKETS

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

 

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Key Motives

above in this text…

 

Second…Market Technical  Patterns 

Secular View

( Monthly Chart )

After

Last Bear Reversal Process

started May 2019 in 9300 – 9400 Zone

Now  still dominating

Signals of Bull Reversal Process

with Activated

W Pattern 7500 Key Level Zone

vs

Bear Scenario – H&S Pattern 

Now  still forming

Right Shoulder – Key Level 8500

Neckline – Key Level 7500

with

MACD Monthly Sell Signal

 

Short Term View 

( Intraday  H5 & H1 Charts )

on

Key Saudi Market Motive 

Saudi Aramco IPO 

 

still dominating

Intraday Horizontal Trend 

but with

Preset Shot Up Trial 

above

Psychological Key Level 8000

needed Confirmation

( H1-H5-EOD Close )

with

MACD  H5  Buy Signal

vs

Activated

Intraday Bear Reversal Patterns

H5 & H1 Shooting Star Candlesticks 

&

H1 Ending Diagonal Pattern 

with

MACD  H1 Sell Signal

 

 

ATA Investment Conclusion

Focus carefully on

Psychological Key Level 8000

with

All Intraday FIB  RET & EXT

Special Present Key FIB EXT  1:1  

( H5 Chart )

of course

Present Rising Impulse > 8000

needed Confirmation 

( H1-H5-EOD Close )

 

N – TIMES

Finally …

Financial Markets Maximes

Risk strikes Fast…

Chart is More Important than 1000 Words…

Most Important will be  Final  Smart Money Reaction….

on

Main Saudi Motive – Aramco IPO

Now Active

Aramco pre-IPO  Roadshow

 

 

Saudi Arabia TASI  Monthly & Intraday H1 Charts :

15.09.2019 – EOD 

Saudi - M

Saudi - H1

Saudi Arabia TASI   Intraday H5 & H1 Charts :

17.09.2019

Saudi - H5

Saudi - H1

20.09.2019 – EOD

Saudi - H5

Saudi - H1

22.09.2019 

Saudi - H5

Saudi - H1

Saudi - H1

24.11.2019 – ( First Half  Saudi Session )

Saudi - M

Saudi - H5

Saudi - H1

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