DAX BANKS – Bull Contraction following German Bond Yield Rising…

DAX Banks    –   Back  Today on ATA Research Radar 

 

ATA Continuation of…

2016

9.07.2016  – EUROPEAN BANKS – TURNING POINT HIGH PROBABILITY …

10.07.2016 – EUROPEAN BANKS – STRATEGIC VIEW…

2019

12.05.2019 –  DAX BANKS in MARKET ABYSS…

17.08.2019 –  DAX BANKS – Decision Point in the Shadow of German Yield…

with

ATA Following …

DAX 

17.01.2020 –  DAX – Final Fight in Master 2017-2018 Top Zone…

 

DAX BANKS  PERSPECTIVE 

DAX Banks Index

still under  Pressure

Mega Destructive Bear Market…

More than 12 Years after  All Time High…

from May – June 2007

May Close 702.57  &   June High 710.50 

to December 2018 – August  2019

December 2018 Low 62.34  & August 2019 Low 56.96

All Time Low  56.96  August 2019 

but with

Present Bull Contraction 

on

German Bonds Yield Rising  Contraction 

against All Odds

German  Slowdown

&

Rising Risks 

US STOCKS BUBBLE

GLOBAL FLAT MONEY ERROR SYSTEM MEGA RISK 

GLOBAL EQUITIES  SELL OFF HIGH RISK 

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

with

SYRIA – LIBYA – TURKEY , IRAN  & North Korea 

for Now special  IRAN & LIBYA

 

DAX BANKS - 2

 

First…ATA from  17.08.2019 

” dominating

Two Major Bull Reversal Patterns 

Mega Long Term Ending Diagonal 

starting from 2010 Year

&

Long Term Ending Diagonal 

starting from 2015 Year

 

Real Positive Scenario

Active Defense Key Level 60 ( EOM ) 

Shot Up  above 

December 2018 Low Zone  62 -65

&

Back above Key Level  Low 71.62 – Close 80.93 

September 2016 

that will  Activate

Invert 2B Pattern 

but still

German Banks need the Power RISK ON Trigger…!!!    ” 

 

 

Second…Present  DAX Banks  Situation

DAX BANKS   SECULAR  PERSPECTIVE

 

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 

Monthly View 

 

still dominating

3 Major Bull Reversal Patterns 

Mega Long Term Ending Diagonal 

starting from 2010 Year

Activated 

Long Term Ending Diagonal 

starting from 2015 Year

Activated 

Medium Term Ending Diagonal 

starting from April 2019 Year

After

First…Active Defense Support Key Level 60 

Second…Back above 

Resistance – December 2018 Low Zone  62 -65

Last Falling Trendline

Upper Edge Medium Term Ending Diagonal 

Key Level 65 

Now dominating

Bull Contraction 

with

First Target – Super Resistance Zone 

Close 80.93  September 2016 

Psychological key Level 80 

&

MACD Monthly  

Buy Signal 

Long Term Positive Divergence from 2011 Year 

still above Trendline 

 

 

ATA   DAX Banks  Present Investment Conclusion

still Special  Focus on

Present Range  

65  – 70    vs    80  –  80.93

&

German Debt Yield 

Present Range Key Levels 

-0.75%   -0.70%    vs    -0.12%

 

 

Positive Scenario Continuation 

Back above Key Level  80.93 

September 2016 

that will  Activate

Invert 2B Pattern 

but still

German Banks need the Power RISK ON Trigger…!!!

 

Top of the Trigger List :

ECB Policy 

German & Eurozone Economy Recovery 

 

 

 

ATA Wall Street Maximes

MAJOR TOPS  WERE ALWAYS CREATED

on

SUPER GOOD NEWS

with

EUPHORY PHASE

vs

MAJOR BOTTOMS  WERE ALWAYS CREATED

on

SUPER NEGATIVE NEWS

with

PANIC 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…!!!

 

N- TIMES

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 – January 

 

 

DAX Banks Index & Germany 10Y Bond Yield  Monthly Charts :

10.05.2019

DAX Banks - M - Line

DAX Banks - M - Line - Focus

16.08.2019 – EOW

DAX Banks - M - Line

DAX Banks - M - Line - Focus

DAX Banks - M - MACD

German Yield - M - Focus N png

17.01.2020 – EOW

DAX Banks - M - Line

DAX Banks - M - Line - Focus

DAX Banks - M - MACD

German Yield - M - Line

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