KOSPI – Secular Bear Pattern still Active Risk with or without Coronavirus…

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

 

KOSPI - 1

 

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

Secular H&S Pattern Conformation 

No Return above 1990 – 2000  Zone 

First…August EOM   

 

 

Second…Present KOSPI  Situation 

KOSPI SECULAR  SITUATION 

ATA MARKET MODEL  IN LONG TERM ACTION  

 

 

 

 

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

of course with

New Coronavirus News

 

 

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 

KOSPI - M - Line

24.01.2020 – EOW 

KOSPI - M - Line

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