Dow Jones Hotels Index – Today on ATA Research Radar
ATA Following …
20.02.2020 – DJIA – Barron’s Cover Warning with Bear Ending Diagonal Risk…
&
19.03.2020 – HILTON – Long Term View from the Wall Street Hill…
Dow Jones Hotels Index Master Motives
Wall Street SELL OFF on Coronavirus Media Motive
US Tech Bubble Burst
Global & CHINA – US – EU – UK Slowdown & Recession Risk
&
Central Banks-Hazard ALL IN
FED Mega Easing BAZOOKA Strike
US Government Stimulus Packet
with
Stricte Clear Hotels Motive
Billionaire Ackman Hilton Major Shareholder Verbal Strike
RISK OFF
” Hell is coming “
” Tsunami’ is coming “
“Hilton is the canary in the coal mine… ”
predicted that hotel stocks including Hilton could “go to zero” soon if no action is taken
vs
RISK ON
“I’ve been aggressively buying stocks including Hilton today. And I’ve ben buying all the way down ”
First…Master Global Markets ATA Tweets
Second…Present DJ Hotels Index Situation
DJ HOTELS LONG TERM SITUATION
ATA MARKET MODEL IN LONG TERM PERSPECTIVE 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
After
Activated
Two Key Bear Reversal Patterns
First..M – Key Levels 2350 – 2330 Zone
December 2019 – January 2020
Second…2B – Key Levels 2200 – 2180 Zone
January 2018 – January 2020
&
Dynamic SELL OFF Wave
with
Break Down
First…Psychological Key Levels 1600 & 1300
Second…Psychological Key Level 1000
&
Finally…for Now
Test Lower Psychological Key Levels 850 – 880 Zone
Support – Low Zone January 2016 – Key Level 880
with
FIB RET 68.5% Zone
all time above
pre Lehman Top Zone
2008 Year – Key Levels 750 – 800 Zone
Now dominating
Bull Contraction
Back above Psychological Key Level 1000
Testing
Psychological Key Level 1150 – 1200 Zone
vs
still under Psychological Key Level 1300
March – April 2015 Top Zone
on
FED & Trump White House Actions
&
Monthly March Bear Candlestick
Large Real Body vs Long Lower Shadow
with
MACD Monthly Sell Signal
Negative Divergence since 2018
Dow Jones Hotels Index Present Battlefield
880 – 1000 – 1200 – 1300
ATA Investment Conclusion
Now Special Focus on
Psychological Key Levels Zone
880 – 1000 – 1200 – 1300
with
Research New Pattern
Classical & Candlestick
and of course
New Coronavirus News
&
Central Banks ; FED, US Senate, Trump, Mnuchin, Powell, Kudlow Strikes
with
Wall Street – Hotels News
N – TIMES
Wall Street Maximes
Risk strikes Fast…
Chart is More Important than 1000 Words…
&
Most Important s Final Smart Money Reaction…
Final…EOM – Now March
Dow Jones Hotels Index Monthly Chart:
20.03.2020 – EOW
ATA FINANCIAL RESEARCH 