FTSE 350 Travel & Leisure 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…
22.03.2020 – Dow Jones Travel & Tourism Index – Gonna with the Virus Wind…
FTSE 350 Travel & Leisure Index Master Motives
Wall Street FTSE Global 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 FTSE Travel & Leisure Index Situation
FTSE TRAVEL & LEISURE 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
Major Bear Reversal Pattern
2B – Key Level 10.400
May 2018 – January 2020
Back under
2015 Year Top
Key Levels 9000 – 9050 Zone
pre Lehman 2007 Year Top
Key Levels 7000 – 7100 Zone
&
Dynamic SELL OFF Wave
with
Break Down Psychological Key Level 5000
Test
Lower Psychological Key Level 4000 Zone
with
FIB RET 78.6% 4300 Zone
Now dominating
Bull Contraction
Back to Psychological Key Level 5000
with
Monthly March Bear Candlestick
Mega Large Real Body vs Long Lower Shadow
with
MACD Monthly Sell Signal
Negative Divergence since 2015
FTSE Travel & Leisure Index Present Battlefield
Psychological Key Levels 4000 – 5000 Zone
ATA Investment Conclusion
Now Special Focus on
Psychological Key Levels 4000 – 5000 Zone
with
Research New Pattern
Classical & Candlestick
and of course
New Coronavirus News
&
Central Banks ; FED, US Senate, Trump, Mnuchin, Powell, Kudlow Strikes
with
American– UK – European 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
FTSE 350 Travel & Leisure Index Monthly Chart:
20.03.2020 – EOW