HONG KONG Assets – Back Today on ATA Research Radar
ATA Continuation of…
16.06.2019 – HONG KONG ASSETS under POLITICAL RISK…
4.08.2019 – HONG KONG ASSETS – Against the Background of Political Protest…
9.08.2019 – HONG KONG ASSETS – Hostage in High Stake Geopolitical Game…
21.08.2019 – HANG SENG – STATUS QUO…
31.08.2019 – HONG KONG ASSETS – NO ESCAPE…
6.11.2019 – HONG KONG ASSETS – Stocks Wave Up & Bonds Wave Down against Economy & Political Protests…
with
ATA Following
24.01.2020 – SHANGHAI INDEX – No Change Long Term View after Coronavirus Strike…
Hong Kong Assets Key Motives
China Coronavirus Outbreak Fear Strike
Hong Kong Protests
ASIA -China – Japan & Global Slowdown or Recession Risk
&
US – Global Perspective
Tech Boom Cycle
Central Banks Mega Easing
Big Techs Buybacks
with
January Effect
&
Guggenheim “PONZI SCHEME” Collapse Warning
Central Banks driven ‘Ponzi Scheme’ must Collapse
Tech Bubble High Risk
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
vs
US – CHINA TRADE DEAL – Phase One Signed
NO WAR with IRAN
ATA Conclusion
Wall Street Factor for Hong Kong Assets
Now still Rising Probability of
2000 Year DOT.COM Bubble Burst DEJA VU Scenario
on
Euphory – Super Good News
US – CHINA TRADE DEAL – Phase One Signed
BREXIT – FINAL DONE
NO WAR with IRAN
with
GLOBAL RECOVERY SUPER PROJECTIONS
WALL STREET MAINSTREAM MEDIA PRESTIDIGITATORS ECSTASY
with
Wall Street Major Top Risk on Super Good News
Fund Managers Most Optimistic on Growth 2020-2021
as
Cash at Lowest Levels since 2013
First…ATA from 6.11.2019
” Hang Seng Index
still Active
Rising Channel
Last Main Bottom – Key Level 25.000 Zone
( 24.899 – August 2019 )
10Y Hong Kong Bond Yield
Now dominating
Strong Rising Wave
Back above Psychological Key Level 1.50% ”
Second…Present Hong Kong Assets Situation
HONG KONG ASSETS SECULAR 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
Hang Seng Index
still Active
Rising Channel
Last Main Bottom – Key Level 25.000 Zone
( 24.899 – August 2019 )
Bull Trendline – for Now Key Level 24.500
After
Testing 25.000 Zone
First Test – October 2018
Second Test – August 2019
&
Activated
W Pattern – Key Level 25.000
Now dominating
Rising Wave – still in 28.000 Zone
vs
Dynamic Bear Contraction
from
Last Top Zone 29.000 ( 29.150 )
Back under
Psychological Key Level 28.000
( 27.950 )
with
January Monthly Bear Reversal Pattern
Candlestick Shooting Start
&
All Time Active
Long Term Top 2B Pattern
( 2007 – 2018 )
Key Level 31.350
Monthly MACD
Sell Signal
vs
above Rising Trendline
10Y Hong Kong Bond Yield
After
Testing Psychological key Level 1.00 Zone
First Test – August 2019
Second Test -September 2019
&
Strong Rising Wave
Testing Psychological Zone 1.80%
( December 2019 High 1.772%)
Now dominating
Dynamic Bear Contraction
for Now Pullback to
Neckline – 1.55% – Inverted H&S
Psychological Key Level 1.50%
vs
still Active
Monthly MACD Break Down Rising Trendline
Monthly MACD Sell Signal
ATA Hong Kong Assets Investment Conclusion
Hong Kong Assets React
on
China Coronavirus Outbreak Fear Strike
vs
No Panic
Hang Seng still looking on Wall Street
&
Hong Kong Bond Yield falling after Global Yields
Hong Kong
special focus on Psychological Key Level 28.000
10Y Hong Kong Bond Yield
special focus on Psychological Key Level 1.5%
of course with
New Coronavirus News
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
&
WALL STREET NEVER TOLD YOU…YOU SHOULD SELL…!!!
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….
EOM – Now January
Hang Seng Index & 10Y Hong Kong Bond Yield Monthly Charts :
14.06.2019
2.08.2019 – EOW
9.08.2019 – EOW
21.08.2019 – EOD
30.08.2019 – EOM
6.11.2019 – EOD
24.01.2020 – EOD
ATA FINANCIAL RESEARCH 