Nasdaq Biotechnology Index – Elliott Wave Perspective – March 2021 …

Nasdaq Biotechnology Index  –  Back Today on ATA Research Radar 

ATA Continuation of…

Elliott Wave Perspective

2020

31.05.2020 – Nasdaq Biotechnology Index – Elliott Wave Perspective…

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

Bears Strike in Biotechnology Game

and Earlier

Rising Wave

January Effect

&

Secular Motives 

Biotechnology Boom Cycle on Wall Street RUN  still Hard Stopped for Now

Nasdaq Biotechnology Index

Activated

5 III ( V ) Wave

and

Bear Correction Strike

IV ( V ) Wave

on

Biden Stimulus Ecstasy

Recovery Hopes

COVID Vaccines Hope

vs

still Active

Clear Risky Motive

New Pandemic Warning

Third COVID-19 Wave

&

Roubini ‘Dr. Doom’ Mega Warning

10-year Depression is coming… investors far too confident about a possible recovery…

with

Afterpandemic New Reality 

US  & Global Economy Reopen

K – Shaped Recovery Scenario Mainstream Projections 

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

Minsky Moment Flat Money “Printing” System

vs

Coronavirus “Ugly Duckling”-Trigger

ATA Nasdaq Biotechnology Index   Conclusion 

Smart Money Bears in Action

Bear Correction

IV ( V ) Wave

with

Long Term Horizon 

Wall Street Factor  for  Nasdaq Biotechnology Index

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

First…ATA  from  31.05.2020

Nasdaq Biotechnology Index

Elliott Wave Count prefered by ATA

Elliott Wave Supercycle Count  3  III  ( V )  in progress

Present Active Psychological Key Level 4000 

Present  Nasdaq Biotechnology Index    Situation 

NASDAQ BIOTECHNOLOGY  SECULAR SITUATION 

ATA MARKET MODEL  IN LONG TERM ACTION  

ATA MIND OVER MARKETS

Charts Worth more than 1000 Words

Charts have No Temperature

Markets Never Wrong vs Often Mistaken 

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

Secular/Long Term View shows the Truth

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 

Activated 3  III  ( V )  Top

Top Psychological Key Levels 5000 – 5300 Zone

 IV  ( V )  in Progress

Testing Lower Psychological Key Levels 4500 

ATA Investment Conclusion

Focus carefully on

Present Elliott Wave Structure 

of course with

Lower Psychological Key Levels 4500  – 4000 Zone

Very Importatnt 

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 – March

 Nasdaq Biotechnology Index   Monthly Elliott Wave Chart

29.05.2020 – EOM

Nasdaq Biotech - M - Line - Elliott

26.03.2021 – EOD

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