Diamonds – …Forever…

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…

 

loose diamonds next to a 10x  magnifier glass

 

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 :

Diamonds Index - M

Diamonds Index - IDEX - W

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