Diamonds Price Index & International Diamond Exchange Index –Today on ATA Research Radar
ATA Following …
Gold Krugerrand
28.04.2020 – GOLD KRUGERRAND – Long Term Horizon…
Gold American Eagle
28.04.2020 – GOLD AMERICAN EAGLE – Long Term Perspective…
Diamonds Key Motives
De Beers – World largest Diamond Miner
slashes Diamond Production Forecasts
cuts Diamond Prices by about 5% as Industry Crisis deepens
Q1/2020 Report
Diamond Production in line at 7.8 million carats
ATA Conclusion
in Printing World dominating only Stocks vs Gold
but maybe
Third Way DIAMONDS…
for Now
No Activated Strong Diamonds Run
on
Financial Markets Shot Down on COVID-19 Motive
like
other Safe Havens – for example Golden…
Present Diamonds Index Situation
DIAMONDS INDEX LONG TERM 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…Key Motives
above in this text…
Second…Market Technical Patterns
Diamonds Price Index
after
Created Top 2012 & Fall Wave
from 235 to 200 Zone
Now dominating
Consolidation in 210 Zone
with
Major Support Zone
2013 Year Low 210
&
2009 Low Psychological Key Level 200
International Diamond Exchange Index
after
Long Term Bear Trend 2005 – 2020
from 133 to 116 Zone
with
Bull Correction 2017 – 2018
from 118 to 126 Zone
Now dominating
New Bull Contraction from 116 Zone
with
Fighting in 118 Zone 2017 Low
ATA Diamonds Conclusion
Diamonds are Forever
but
Not Always Rising…
ATA Diamonds Preferred Scenario
Future Rising Trend
of course with
Key Conditions
Active Defense of 210 – 200 – Diamonds Price Index
&
Back above 118 – International Diamond Exchange Index
ATA Financial Markets 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…!!!
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 – April
Diamonds Price Index & International Diamond Exchange Index
Monthly & Weekly Charts :
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