FTSE MIB – 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…
2018
30.05.2018 – Italian Chessboard – All Financial Roads lead to Rome…
11.09.2018 – FTSE MIB – Italian Risk Omerta…
12.11.2018 – FTSE MIB – from Italian Omerta to Italian Flash…
2019
14.01.2019 – FTSE MIB vs Salvini New European Order Vision…
27.05.2019 – FTSE MIB – Salvini Winning Factor…
15.08.2019 – FTSE MIB – Quo Vadis Rome…
with
ATA Following …
15.01.2020 – CHF/JPY – EUROZONE-ITALIAN STORM 2020 Rising Risk…
Main Italian FTSE MIB Index Motives
First of All
Coronavirus Italy Warning
Second Death
Parts of Italy Lockdown
Lombardy 89 cases on Sunday 54 a day earlier
Veneto 19 cases, up 7 from Saturday
Total Cases more than 100 & 2 Death Venice
Carnival Milan’s Fashion Week Canceled
with
Coronavirus South Korea Warning
Coronavirus South Korea Outbreak Red Alert
Japan Coronavirus Warning – “second Wuhan”
WHO Coronavirus Global Outbreak Warning
Outside China – Wider Threat Risk
WHO Warning Mysterious “Disease X”
Spark an International Contagion
JP Morgan Armageddon Warning
End of Human Life
&
US – Global Perspective
Tech Boom Cycle
Central Banks Mega Easing
Big Techs Buybacks
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
Middle East & Global Slowdown or Recession Risk
Global & CHINA – US – EU – UK Slowdown & Recession Risk
ATA Conclusion
Coronavirus Italy Real RISK OFF Strike Scenario
with
Wall Street Factor for FTSE MIB Index
Now still Rising Probability of
2000 Year DOT.COM Bubble Burst DEJA VU Scenario
First…ATA from 15.08.2019
” First of All all time dominating
Long Term Triangle Pattern
&
2B Pattern activated in April 2018
Key Level 23500
vs
Psychological Key Level 20.000
Rising Trendline 18.800 ”
&
Last ATA Coronavirus Tweets
First of All…
Italy Coronavirus
&
Second…Present Italian FTSE MIB Index Situation
ITALIAN FTSE MIB INDEX SECULAR SITUATION
ATA MARKET MODEL IN LONG & SHORT 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
FTSE MIB Index
Monthly View
First of All
Bull Market Activated …for Now
Italy Index Jump above
TOP Resistance Zone ( 2009 & 2015 Highs )
Upper Edge of Long Term Triangle Pattern
Strategic Key Level 23.500
super important – needed Confirmation
EOM – February close above 23.500
of course still
far..far away from 2008 TOP 44.000 Zone before the LEHMAN
Now dominating
Bull Strike above Upper Edge of Long Term Triangle Pattern
Strategic Key Level 23.500
with
Pattern Inception
Option of Diagonal Pattern – Key Level 24.450
&
Monthly MACD
Buy Signal – above Trendline
but remember
Bear Reversal Pattern – 2B still High Risk
Clear Technical Trigger
Dynamic Back under Key Level 23.500
that will Active
Mega Bull Trap
Daily View
Now dominating
Ending Diagonal Beer Reversal Risk
Back inside under Upper Edge of Diagonal
Key Level 25.080
vs
still above Lover Edge of Diagonal
Key Level 23.900
with
Daily MACD
still Buy Signal vs near to Active Sell
negative divergence
FTSE MIB Present Active Range
23.500 vs 25.000 – 25.500
ATA FTSE MIB Investment Conclusion
Long Term
Bull Market – Conformation
Present Support Key Level 23.500
must Hold & can not be broke
because
Dynamic Back under Key Level 23.500
that will Active
Mega Bull Trap
that’s why
Most Important Final SM Move
First…EOM – February
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….
First…EOM – Now February
FTSE MIB Monthly Weekly & Daily Charts :
11.09.2018
FTSE MIB Monthly Charts
12.11.2018
14.01.2019
FTSE MIB Monthly & Daily Charts :
27.05.2019
14.08.2019 – EOD
21.02.2020 – EOW
ATA FINANCIAL RESEARCH 