Dow Jones Travel & Tourism 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…
22.03.2020 – Dow Jones Hotels Index – Big Picture in Virus Shadow…
Dow Jones Travel & Tourism 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
Present DJ Travel & Tourism Index Situation
DJ TRAVEL & TOURISM 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
Daily View
After
Activated
Three Key Bear Reversal Patterns
First..M – Key Levels 2350 – 2330 Zone
March – June 2018
Second…Smaller H&S – Neckline 655
May 2019 – February 2020
Third…Bigger H&S – Neckline 595
March 2019 – Start March 2020
&
Dynamic SELL OFF Wave
with
Break Down Psychological Key Level 500
Now dominating
Test Lower Psychological Key Level 400 Zone
Support – Low Zone February 2016 – Key Level 400
with
FIB RET 56.4% Zone
DJ Travel & Tourism Index Present Battlefield
Psychological Key Level 400 Zone
ATA Investment Conclusion
Now Special Focus on
Psychological Key Level 400
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 – Travel & Tourism 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 Travel & Tourism Index Daily Chart:
20.03.2020 – EOD
ATA FINANCIAL RESEARCH 