KOSPI – Back Today on ATA Research Radar
ATA Continuation of…
21.08.2019 – KOSPI – ASIAN TIGER WARNING …
with
ATA Following …
Shanghai Index
24.01.2020 – SHANGHAI INDEX – No Change Long Term View after Coronavirus Strike…
Hang Seng Index
24.01.2020 – HONG KONG ASSETS – Coronavirus Strike – Bear Contraction vs No Panic…
Nikkei Index
24.01.2020 – NIKKEI – No Coronavirus Japan Sell Off Strike…
Taiwan Stock Index
25.01.2020 – Taiwan Stock Index – No Corona Fear Impact yet…
KOSPI Index Key Motives
China Coronavirus Outbreak Fear Strike
ASIA – China & 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 KOSPI Index
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 21.08.2019
” ATA KOSPI Investment Conclusion
Focus carefully on
Present Master Secular Neckline 1990
with
Psychological Key Level 2000
of course needed
Second…Present KOSPI Situation
KOSPI 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…Main Motive
above in this text…
Second…Market Technical Patterns
KOSPI
Monthly View
First of All
for Now
Canceled August 2019 Activated
Master Top H&S Pattern
Secular H&S
November 2011 – August 2019 – Neckline 1990
Now dominating
Rising Wave – Baskerville Bog Strike
but with
Testing
Inverted Triangle Upper Edge
Key Levels 2280 – 2300 Zone
&
Monthly MACD Buy Signal
inside Tube Pattern
ATA KOSPI Investment Conclusion
still Real RISK OFF Scenario
Present Inverted Triangle – Part of Right Shoulder
Master Top H&S Pattern
Secular H&S
so
Focus carefully on
Present Master Psychological Key Levels Zone
2200 vs 2300
ATA Wall Street Maximes
MAJOR TOPS WERE ALWAYS CREATED on SUPER GOOD NEWS
with
EUPHORY 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
KOSPI Index Monthly Charts :
21.08.2019 – EOD
24.01.2020 – EOW
ATA FINANCIAL RESEARCH 