FTSE 350 Travel & Leisure Index – Bear Ride in Lehman Direction…

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 

 

FTSE - T&L

 

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

ftse- T&L - M

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