SAIPEM – “DEAD ITALIAN OILFIELD SERVICE WALKING”…

Saipem  – Today on ATA Research Radar 

 

ATA Following …

Schlumberger

20.05.2020 –  Schlumberger – Houston we have Secular Problem…

Halliburton

20.05.2020 –  Halliburton – Houston we have Secular Problem…

OIL Long Term & Secular Perspective 

2019 Last

15.12.2019 –  OIL – No Black Gold Ecstasy after OPEC OPEC+ & Aramco Double Super Impact…

2020 Latest

17.05.2020 –  OIL – Secular Horizon – Hitting Goldman Sachs Target…

USO – US OIL ETF  Long Term & Secular Horizon

17.05.2020 –  USO – US OIL ETF –Vamos Goldman Tactic Strike…

OIL Short Term Perspective 

19.05.2020 – OIL CME June – Bulls Plan Made…

DXY

20.01.2019 –  DXY – NO F/X CAPITULATION…

 

Present Master  Saipem  Motives

OIL Bulls   vs   Pandemic Bears

with

OIL Hitting  ATA Target – Canceled  All Last Bear Wave

Now wating for

New Goldman OIL Verbal Strike 

after earlier

Goldman  Oil  Schizophrenia 

Goldman Sachs Oil Tactic 180 degree Change of Mind

Last

Goldman Sachs – Bullish on Oil

Brent Rallying Back to 30 USD  Q3/2020

vs

Earlier

Goldman Sachs – another Oil Price Crash

 

OIL Mega Run 

against All Odds

US & Eurozone Macro Gotterdammerung

vs

US – EUROZONE – Global Economy Reopen

U or L – Shaped Recovery Scenario Mainstream Projections 

with

FED Powell Warning 

US W-shaped Recovery too optimistic

 

ATA OIL Saipem  Conclusion 

Giants  OIL Smart Money  still in OIL  Play 

OIL Hitting  ATA Target – Canceled  All Last Bear Wave

against All Odds

Oil Warnings non stop creating by Mainstream 

but with still Active

Perfect RISK OFF Motives  in Oil Strategic Game 

Big OIL Era End –  RISK OFF Scenario 

&

Putin – Russia Bankruptcy  Open Option 

USRR Red Empire Fall  Deja Vu 

George Friedman Russia – Oil Warning

Russia World Biggest Loser from Oil Crash

Geopolitical Reason to Worry

with

USD Master F/X  Vector for OIL 

&

Global Coronavirus Pandemic – still High Risk 

with

Global Slowdown or Recession Extreme High Risk

 

Saipem

 

Present  Saipem   Situation 

SAIPEM  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…Key Motives

above in this text…

 

Second…Market Technical  Patterns

Monthly View 

First of All

All Time High 

50 EURO Zone – September  2012

( 50.50 USD )

after Activated

Two Bear Reversal Patterns

2B – Key Level 50 EURO Zone

March 2012  – September 2012

2B – Key Level 48 EURO Zone

April 2011 – March 2012

&

Dynamic Bear Waterfall 

with

Test 2005 Year Lows Zone

Psychological Key Level  2 EURO Zone 

Low 1.7750 EURO –  March 2020

Now dominating

Bull Contraction 

Back above Psychological Key Level 2 EURO Zone 

with

Inverted Ending Diagonal Pattern in Action 

Lower Edge – Key Level  2.00 EURO 

Upper  Edge – Key Level  5.00 EURO 

&

MACD Monthly Sell Signal 

 

Saipem  Present Battlefield 

Key Levels  2  vs   2.5-3   EURO 

 

ATA  Investment  Conclusion 

Special Focus on

Psychological Key Levels  Zone  2 vs 2.5-3  EURO  

with

Inverted Ending Diagonal Pattern

and of course

New OIL News 

New Coronavirus News

Global Economy News 

New OPEC+, Saudi Arabia, Russia Central Banks Strikes 

 

N – TIMES

Wall Street  Maximes 

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

Final…for Now EOM – May 

 

Saipem  Monthly Charts

20.05.2020 –  EOD

Saipem - M - Line

Saipem - M

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