Nasdaq Biotechnology Index – Elliott Wave Perspective…

Nasdaq Biotechnology Index  –  Back Today on ATA Research Radar 

ATA Following …

27.03.2015 –  BIOTECH STOCKS ON MARKET FIRE …!!!

9.04.2015 –  DON’T MESS with BIOTECHNOLOGY…

30.04.2015 –  BIOTECH SKYFALL…

23.08.2015 – BIOTECH STAR FREE FALL…

2.05.2019 –  Nasdaq Biotechnology Index – Pathfinder Risk Off Scenario for All Nasdaq Indexes…

9.08.2019 –  Nasdaq Biotechnology Index – in a Line on Bear Fire…

12.10.2019 –  Nasdaq Biotechnology Index – Major Bear Test…

31.05.2020 –  Nasdaq Biotechnology Index – Back on Bullish Track …

Nasdaq Biotechnology Index Main Motives

Active

Elliott Wave Count prefered by ATA

Elliott Wave Supercycle Count  3  III  ( V )  in progress

Present Active Psychological Key Level 4000 

with

Pandemic & Afterpandemic New Reality 

US  & Global Economy Reopen

U or L – Shaped Recovery Scenario Mainstream Projections 

vs

FED Powell Warning 

US W-shaped Recovery too optimistic

FED-BOJ-ECB-BoE-Biggest ever Black Swans

Minsky Moment Flat Money “Printing” System

vs

Coronavirus “Ugly Duckling”-Trigger

&

FED “Central Printing Projection”

Balance Sheet  Skyrocket Rising  Future Move

Japanification in Global Central Action

BOJ  Mega Easing Process 

ATA  Conclusion 

Long Term Horizon 

Wall Street Factor  for  Berkshire Hathaway

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

BIOTECH - 3

Present  Nasdaq Biotechnology Index    Situation 

NASDAQ BIOTECHNOLOGY  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 Master Motives 

above in this text…

Second…Market Technical  Patterns

Nasdaq Biotechnology Index

Elliott Wave Count prefered by ATA

Elliott Wave Supercycle Count  3  III  ( V )  in progress

Present Active Psychological Key Level 4000 

ATA Investment Conclusion

Focus carefully on

Present Elliott Wave Structure 

of course with

Very Importatnt 

Present Active Psychological Key Level 4000 

and

Classic Technical Analysis Research Pattern 

ATA Wall Street Maximes

MAJOR TOPS  WERE ALWAYS CREATED on SUPER GOOD NEWS

with

EUPHORY 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…

First…EOM – June 

 Nasdaq Biotechnology Index   Monthly Elliott Wave Chart

29.05.2020 – EOM

Nasdaq Biotech - M - Line - Elliott

One thought on “Nasdaq Biotechnology Index – Elliott Wave Perspective…

Add yours

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a website or blog at WordPress.com

Up ↑

%d bloggers like this: