KOSPI – Back Today on ATA Research Radar
First of All
FED-BOJ-ECB – Biggest ever Central Black Swan
&
Minsky Moment Flat Money “Printing” System
vs
Coronavirus “Ugly Duckling”-Trigger
ATA Key Tweets
ATA Continuation of…
ATA WARNINGS ex ante…
21.08.2019 – KOSPI – ASIAN TIGER WARNING …
&
25.01.2020 – KOSPI – Secular Bear Pattern still Active Risk with or without Coronavirus…
with
ATA Following …
Last
After Wall Street Shot Down on Coronavirus Scary Motive
NIFTY 50 Index
28.03.2020 – NIFTY 50 – India Stock Index Secular View after First Bear Strike on Coronavirus Scary Motive…
Shanghai Index
29.03.2020 – SHANGHAI INDEX – Secular Perspective after Coronavirus First Dust Fall…
KOSPI Index Key Motives
Asia – South Korea Coronavirus Pandemic
South Korea Second Wave COVID-19 – Rising Risk
ASIA – South Korea & Global Slowdown or Recession Risk
vs
BoK (Bank of Korea) Emergency Rate Cut
US Factor for South Korea KOSPI Index
Trump signed CARES Act-2.2 Trillion USD
&
FED Atlanta Bostic “More&More” Strike
More for US Economy Financial System if needed
Mnuchin US Macro “Wonder” Strike
5% GDP-EOY 2020 Realistic
FED Powell New Central “More&More” Strike
Policy Room for More Action
Central Banks-Hazard ALL IN
FED Mega Easing BAZOOKA Strike – QE No Limits
US Government Stimulus Packet
with
Bernanke “Now No Great Depression” Strike
FED Bullard “Boom” Strike
after short term Shock US Economy will Boom again
Kudlow RISK ON Verbal Strike
US likely V-shaped Recovery in Summer vs Present 10-15% Contraction
vs
FED Bullard US Economy Götterdämmerung Scenario
US Q2 GDP -50% & Unemployment Rate 30%
Goldman Sachs US Coronavirus-driven Recession Strike
Goldman “Apocalypse” Strike
Expectation Record 24% Crash US Q2 GDP
Mnuchin US Jobless Warning
Coronavirus could Yield 20% Jobless Rate without Action
Morgan Stanley Base Case – Global Recession
ATA Conclusion
Wall Street Factor for South Korea KOSPI Index
Dynamic Rising Probability
of
2000 Year DOT.COM Bubble Burst DEJA VU Scenario
or even
1929 Great Depression
with
Guggenheim “PONZI SCHEME” Collapse Warning
Central Banks driven ‘Ponzi Scheme’ must Collapse
Tech Bubble High Risk
GLOBAL FLAT MONEY ERROR SYSTEM MEGA RISK
First…ATA from 25.01.2020
“ATA KOSPI Investment Conclusion
still Real RISK OFF Scenario
Present Inverted Triangle – Part of Right Shoulder
Master Top H&S Pattern
Secular H&S ”
Second…Present KOSPI Situation
KOSPI SECULAR SITUATION
ATA MARKET MODEL IN LONG 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…Main Motive
above in this text…
Second…Market Technical Patterns
KOSPI
Monthly View
First of All
after
Activated
Two Bear Reversal Patterns
First…
Present Inverted Triangle – Part of Right Shoulder H&S
Key Level 2250
Second…
Master Top H&S Pattern
Secular H&S
November 2011 – March 2020 – Neckline 2000
&
Dynamic Bear Wave
with
Test FIB RET Main Two Rising Waves
Now dominating
No Continuation Dynamic Sell Off
FIB RET Stop Korean Bears
&
Bull Contraction
from 1430-50 to 1800 Zone
but for Now with
Korean Bear still Danger Force
Monthly Bear Candlestick
vs
Very Long Lower Shadow
but
Monthly MACD Sell Signal
Fall outside Tube Pattern
KOSPI Index Battlefield
Present Active Range
1400-450 vs 1800-2000
special
Psychological Key Levels 1500 vs 1800-2000
ATA KOSPI Investment Conclusion
Secular RISK OFF Scenario
Master Top H&S Pattern
Secular H&S
Active
so
Focus carefully on
Present Master Psychological Key Levels Zone
1400-1500 vs 1800-2000
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….
EOM – Now March
KOSPI Index Monthly Charts :
21.08.2019 – EOD
24.01.2020 – EOW
27.03.2020 – EOW
ATA FINANCIAL RESEARCH 