RUSSELL 2000 – No New Records & Fibonacci Extensions Major Target Zone -Update December 2019…

RUSSELL 2000  –  Back Today on ATA Research Radar 

 

ATA Continuation of…

2017

8.04.2017 – RUSSELL 2000 – Weakest Link of Wall Street…

2019

20.05.2019 –  RUSSELL 2000 – No Total Return after 2018 Shot Down…

19.07.2019 –  RUSSELL 2000 – Marauder in the Wall Street Peleton…

28.09.2019 –  RUSSELL 2000 –Waiting for Major Judgment…

27.11.2019 –  RUSSELL 2000 – No New Records & Fibonacci Extensions Major Target Zone…

 

Master  RUSSELL 2000  Motives

still Active

Long Term Negative Divergence 

Wall Street Euphory Phase 

US Main Indexes December All Time Highs 

vs

RUSSELL 2000  still under August 2018 Top 

 

US – CHINA  TRADE  SAGA = Phase One Done

BREXIT  SAGA – UK Election  Johnson Win

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  & North Korea

 

Russell-2000 - 3

 

First…ATA from 27.11.2019

Master FIB EXT Targets 

Psychological Key Levels Zone

1700 – 1800 

show

Rising Risks of

Ending Wave Up 

Major Top Creating Process  

 

Second…RUSSELL 2000 Present  Situation 

RUSSELL 2000 LONG TERM SITUATION 

ATA MARKET MODEL IN LONG 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 

First of All

All Time High

1742.09  ( 31.08.2018 )

vs

2019  High

1681.68  ( 27.12.2019 )

 

( Monthly & Weekly Charts )

Master FIB EXT Targets 

Psychological Key Levels Zone

1700 – 1800 

still show

Rising Risks

of

Ending Wave Up 

Major Top Creating Process 

of course still needed

Conformation 

Key Bear Reversal Pattern 

like

M – 2B ; TUBE with Ending Diagonal or H&S 

 

 

ATA Investment Conclusion 

still Special Focus on

Fibonacci Extension Targets 

Master FIB EXT Targets 

Psychological Key Levels Zone

1700 – 1800 

with

Special Research  Key Reversal Pattern 

like

M – 2B ; TUBE with Ending Diagonal or H&S 

 

 

ATA Wall Street Maximes

MAJOR TOPS  WERE ALWAYS CREATED on SUPER GOOD NEWS

with

EUPHORY PHASE …!!!

 

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…!!!

 

Risk strikes Fast…

Chart is More Important than 1000 Words…

Most Important is  Final  Smart Money Reaction….

First…EOM – December 

 

 

RUSSELL 2000 Long Term Fibonacci Extension Targets Weekly Charts :

26.11.2019 – EOD 

Russell- FIB EXT

Russell- FIB EXT - Focus

Russell- FIB EXT - Focus - Focus

RUSSELL 2000 Long Term Fibonacci Extension Targets Monthly & Weekly Charts :

27.12.2019 – EOW

Russell- M - FIB EXT Russell- W - FIB EXT

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