Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

Metals and commodities plays have rallied nicely but show signs of a tactical exhaustive top and somewhat crowded positioning. A shakeout is in store as the USD finds a foot but is already in rally mode to a larger degree in Asia and bottoming in EM.WTI and platinum have broken key wedge supports and copper will pullback to macro trendline support.A risk off cycle combined with a USD bounce would inflect metals.

Metals and commodities plays have rallied nicely but show signs of a tactical exhaustive top and somewhat crowded positioning. A shakeout is in store as the USD finds a foot but is already in rally mode to a larger degree in Asia and bottoming in EM.WTI and platinum have broken key wedge supports and copper will pullback to macro trendline support.A risk off cycle combined with a USD bounce would inflect metals. 

Founder & Chief Market Strategist - SAV Markets, SAV Markets

Shyam Devani

Founder & Chief Market Strategist - SAV Markets

Cross Asset Strategy

A number of charts are beginning to show some concerns that draw attention to the annual mantra: ‘Sell in May and Go Away’We look at different measures and patterns on each of the three major US indices – Dow Jones, S&amp;P 500, and Nasdaq 100.In all cases there are important indications that a decent correction down is likely this month (and possibly beyond). This period should eventually result in buying opportunities, however first we are likely to see some pain.

A number of charts are beginning to show some concerns that draw attention to the annual mantra: ‘Sell in May and Go Away’We look at different measures and patterns on each of the three major US indices – Dow Jones, S&amp;P 500, and Nasdaq 100.In all cases there are important indications that a decent correction down is likely this month (and possibly beyond). This period should eventually result in buying opportunities, however first we are likely to see some pain.

Gold buy call at 1,680 that formed dual lows did clear the wedge resistance at 1,780. Upside momentum has improved but is now facing resistance at 1,860/72.Touted bull flag did clear 1,780 and did adhere to the expected rally sequence. Looking forward, we see risk of a rally stall on the back of a USD low and reduced risk appetite.A short term top zone is outlined as well as pullback targets and fresh buy support that must hold backswing support to provide fuel for a stronger rise to challenge 1,950.Gold shares (GDX) also show a five wave rise due to complete ahead of a corrective pullback sequence.

Gold buy call at 1,680 that formed dual lows did clear the wedge resistance at 1,780. Upside momentum has improved but is now facing resistance at 1,860/72.Touted bull flag did clear 1,780 and did adhere to the expected rally sequence. Looking forward, we see risk of a rally stall on the back of a USD low and reduced risk appetite.A short term top zone is outlined as well as pullback targets and fresh buy support that must hold backswing support to provide fuel for a stronger rise to challenge 1,950.Gold shares (GDX) also show a five wave rise due to complete ahead of a corrective pullback sequence.

After a period of correction and consolidation over the past few week, it is becoming clearer that a base could be forming on US 30 year yield.Key downside pivots at 2.20% were, and remain, important to watch. So far the supports are holding the market. Focus however is now shifting to the key level above at 2.32%, especially as many industrial metals have rallied.

After a period of correction and consolidation over the past few week, it is becoming clearer that a base could be forming on US 30 year yield.Key downside pivots at 2.20% were, and remain, important to watch. So far the supports are holding the market. Focus however is now shifting to the key level above at 2.32%, especially as many industrial metals have rallied.

This note follows an earlier one that highlighted the sell zone in Gold between $1,790-$1,823When measured again at the 4 major fiat currencies on an equally weighted basis – USD, EUR, CNY, JPY – we now see that price action on Gold is losing momentum and that the market is at risk of turning down.

This note follows an earlier one that highlighted the sell zone in Gold between $1,790-$1,823When measured again at the 4 major fiat currencies on an equally weighted basis – USD, EUR, CNY, JPY – we now see that price action on Gold is losing momentum and that the market is at risk of turning down.

United States

Gold is a chemical element with the symbol Au (from Latin: aurum) and the atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

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Gold (GOLD COMDTY)

Crowded Commodities the Next Domino

Metals and commodities show signs of a tactical exhaustive top and somewhat crowded positioning. A shakeout is in store. A risk off cycle combined...

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US Equities: Time to Get Defensive

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Gold buy call at 1,680 that formed dual lows did clear the wedge resistance at 1,780. Upside momentum has improved but is now facing resistance at...

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Having tested important pivots around 2.20%, we are now seeing a picture that points to higher yields again. Key levels in both directions are...

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Gold Bounce Running Out of Steam

Gold not only trades near the sell zone but momentum is now waning and there is a real danger of a move lower, not only against the USD but against...

Shyam Devani

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