Baidu – Tech Bulls Long Term Fibonacci Extensions – May 2020…

Baidu  –  Today on ATA Research Radar 

 

ATA Following…

FANG+ INDEX 

4.05.2020 –  FANG + INDEX – BIG TECH BULL WAVE vs BEAR CONTRACTION – LONG TERM HORIZON Major Fibonacci Extensions vs Retracements – Update May 2020…

 

Baidu  Present Master Motives

First of All

Baidu No Bull Trend since May 2018

after

First…Test Key Level 265 – 288 USD Zone 

1.13% & 1.27%  Fibonacci Extensions 

Second…Activated Bear Reversal Pattern

2B  – Key Level  250 USD 

with

Back under  November 2014 Year Top 

Psychological Key Level 250 USD Zone 

 

Baidu  Strong Negative Divergence 

Big Weaknes 

vs

FANG+ Index  Strong 

after last

Dynamic Pandemic Shot Down 

Now dominating

Bear  Wave

with

First…Test 

March – April 2013 Yer Low Zone 

Psychological Key Level 80 USD 

Second…Present Bull Contraction 

from 80 to 100 USD Key Level Zone 

on

China vs US  New Verbal  Strikes 

of course with

US  & Global Economy Reopen

V-Shaped Recovery Scenario Mainstream Projections 

Hopes of Potential Coronavirus Drug from Gilead Sciences

vs

ATA  Baidu  Conclusion 

Long Term Horizon 

Wall Street Factor  for  Baidu

still High 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

 

Baidu

 

Present    Baidu  Situation 

BAIDU  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 

Monthly View 

First of All

Baidu No Bull Trend since May 2018

after

First…Test Key Level 265 – 288 USD Zone 

1.13% & 1.27%  Fibonacci Extensions 

Second…Activated Bear Reversal Pattern

2B  – Key Level  250 USD 

with

Back under  November 2014 Year Top 

Psychological Key Level 250 USD Zone 

 

Baidu  Strong Negative Divergence 

Big Weaknes 

vs

FANG+ Index  Strong 

after last

Dynamic Pandemic Shot Down 

Now dominating

Bear  Wave

with

First…Test 

March – April 2013 Yer Low Zone 

Psychological Key Level 80 USD 

Cancel All Last Bull Wave 

from 2013 to 2018 Year

Second…Present Bull Contraction 

from 80 to 100 USD Key Level Zone 

with

Open  Bull Scenario

W Pattern – Key Level 80 USD 

 

ATA Investment Conclusion

Now Special Focus on

Present Range 

80  vs  100  USD 

with

Strike out of the Range 

&

Open  Bull Scenario

W Pattern – Key Level 80 USD 

Confirmation  or  Cancle 

 

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…!!!

 

N- TIMES

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

First…EOM – May

 

Baidu  Monthly  Charts :

7.05.2020  – EOD

Baidu - M - Fib Ext

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