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

Shanghai Stock Exchange Composite Index / Technical Analysis

This webcast outlines pivotal chart points that can change the DM/EM spread and risk in Asia.
Shanghai composite bull reversal off of the 2016 low and break above tactical resistance does set a more bullish tone.
China A 50 futures are pressing on the 11,350/400 pattern breakout point that would shift risk dynamics in Asia (more bullish). HSI 27,500 will act as momentum point.
Nikkei bull breakout - We have been building a long position in Japan in anticipation of a bullish break above 23,000 pivot resistance that opens the way to our macro target above 25,000.
Break of NDX trendline sets in motion a big tech buckle that will impact US market breadth. Divergence underscore the fragile posture in the NDX.
The dollar is hanging on by a thread in Asia and caught between the Euro's bullish undertone and weak EM FX structures. 
US 10yr yield has broken higher out of bullish triangulation but is under scrutiny as previous attempts above 3% have faded. This will have a direct impact on the USD and the EM-DM spread.

This webcast outlines pivotal chart points that can change the DM/EM spread and risk in Asia.
Shanghai composite bull reversal off of the 2016 low and break above tactical resistance does set a more bullish tone.
China A 50 futures are pressing on the 11,350/400 pattern breakout point that would shift risk dynamics in Asia (more bullish). HSI 27,500 will act as momentum point.
Nikkei bull breakout - We have been building a long position in Japan in anticipation of a bullish break above 23,000 pivot resistance that opens the way to our macro target above 25,000.
Break of NDX trendline sets in motion a big tech buckle that will impact US market breadth. Divergence underscore the fragile posture in the NDX.
The dollar is hanging on by a thread in Asia and caught between the Euro's bullish undertone and weak EM FX structures. 
US 10yr yield has broken higher out of bullish triangulation but is under scrutiny as previous attempts above 3% have faded. This will have a direct impact on the USD and the EM-DM spread.

Shanghai composite is knocking 2016 low, a break would induced a sharp decline that would see H shares take the brunt of the pressure over the HSI.HSI has been the downside leader of H shares, now the flat support break in H shares will act as the inflection for the HSCEI to play downside catch up with the HSI.Ping An has been the perform play but is now at risk of redemption selling if we break below dual lows at 68 and DM pressure materializes on the back weakness in US tech.Tencent is expected to start to see selling pressure diminish which will slow the pace of the decline as Ping An sell pressure builds.Relative charts lean toward an HSI perform and for Ping An to reach a relative chart peak.

Shanghai composite is knocking 2016 low, a break would induced a sharp decline that would see H shares take the brunt of the pressure over the HSI.HSI has been the downside leader of H shares, now the flat support break in H shares will act as the inflection for the HSCEI to play downside catch up with the HSI.Ping An has been the perform play but is now at risk of redemption selling if we break below dual lows at 68 and DM pressure materializes on the back weakness in US tech.Tencent is expected to start to see selling pressure diminish which will slow the pace of the decline as Ping An sell pressure builds.Relative charts lean toward an HSI perform and for Ping An to reach a relative chart peak.

H Share Pressure on Shanghai Composite Break Below the 2016 Low

Our EM FX cascade call is seeing increased USD bull momentum in Asia as weaker currencies buckle and bleed into the SGD and KRW.  Mounting equity selling pressure in Asia and we have yet to break TRY and RUB triangle patterns for a bigger USD push and FX buckle.Price action in China/Hong Kong implies we reach for new lows into our base case cycle trough due in September. Impulsive bear turns noted in Korea, Singapore and Indonesia. India break of trend support.EEM - Reaching for that 40-41 target zone which must be linked with a chart peak in EM FX while holding NDX 7,500 for any sign of a low. If we break NDX 7,500 then we press lower across the board and see DM's close the margin with EM's. Watch NDX 7,500, representing a key pivot level for tech globally.This webcast covers important break points and synergy as we move into a more volatile September.

Our EM FX cascade call is seeing increased USD bull momentum in Asia as weaker currencies buckle and bleed into the SGD and KRW.  Mounting equity selling pressure in Asia and we have yet to break TRY and RUB triangle patterns for a bigger USD push and FX buckle.Price action in China/Hong Kong implies we reach for new lows into our base case cycle trough due in September. Impulsive bear turns noted in Korea, Singapore and Indonesia. India break of trend support.EEM - Reaching for that 40-41 target zone which must be linked with a chart peak in EM FX while holding NDX 7,500 for any sign of a low. If we break NDX 7,500 then we press lower across the board and see DM's close the margin with EM's. Watch NDX 7,500, representing a key pivot level for tech globally.This webcast covers important break points and synergy as we move into a more volatile September.

Further Signs of Contagion Seeping into Asia

Founder, Riedel Research

David Riedel

Founder

Independent equity research on GEM Markets

Riedel Research

Riedel provides equity research and analysis to leading financial organizations. By becoming members of a region (Asia, Latin America, Emerging Europe or Global), organizations have access to an integrated set of services including:

Regular company coverage reports
Up-to-date investment decision advice (buy, hold, sell)
Monthly regional and global conference calls
Customized company reports and unlimited on-line access to the program's services.

Riedel provides research coverage of companies across the full range of market capitalization. Experienced research professionals in each market develop company reports and analysis as well as earnings models and projections. Ratings are Buy, Hold and Sell with a focus on compelling investment ideas - both long and short. Downloadable, dynamic earnings models are built to facilitate sensitivity analysis.

Please feel free to contact us for complimentary access to our written research.  We want to show you that our unique research flow can add value and help develop a long-term, high value-add relationship.

Riedel's model focuses on providing clients with unique insights and consulting in addition to unlimited access to all produced research This model allows members to receive exponential benefits for their retainer fees.

Thematic (Sector/Industry)

<ul>
<li>Russia: CPI in July rose 2.5% y/y vs. 2.3% in June. It was the highest rate since last December mainly due to a rebound in food prices.. </li>
<li>Mexico: May saw 3.7% y/y decline in automobile production and 5.5% drop in car exports. Is this weakening on the US side?</li>
<li>India: IMF’s mission chief for India, highlighted growth forecast at 7.3 percent in the fiscal year through March 2019 and 7.5 percent in the year after that.</li>
<li>Summer Doldrums Broken By Storm in EM - Step Aside Until the Markets Stabilize…</li>
</ul>


Russia: CPI in July rose 2.5% y/y vs. 2.3% in June. It was the highest rate since last December mainly due to a rebound in food prices.. 
Mexico: May saw 3.7% y/y decline in automobile production and 5.5% drop in car exports. Is this weakening on the US side?
India: IMF’s mission chief for India, highlighted growth forecast at 7.3 percent in the fiscal year through March 2019 and 7.5 percent in the year after that.
Summer Doldrums Broken By Storm in EM - Step Aside Until the Markets Stabilize…


Turkey, Tesla and Trade Rattle Emerging Markets

APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Capital Markets

Hope Education Group Co Ltd / Equity Capital Markets

<a href="https://www.smartkarma.com/entities/27321" target="_blank" data-smartkarma-citation="entities:27321:1">Hope Education Group Co Ltd (1765 HK)</a> quickly broke its IPO price after opening at HK$1.92 a share. There had been warning signs from its gray market trading as its share price traded down to -8% before bouncing back to close at -5.7% with 48m shares traded (almost 10% of entire Hong Kong Public Offer tranche).
Part of the reason for the weakness could be the clawback owing to the retail oversubscription. This was because of the Hong Kong Public Offer (HKPO) being 17.4x oversubscribed and the…

Hope Education Group Co Ltd (1765 HK) quickly broke its IPO price after opening at HK$1.92 a share. There had been warning signs from its gray market trading as its share price traded down to -8% before bouncing back to close at -5.7% with 48m shares traded (almost 10% of entire Hong Kong Public Offer tranche).
Part of the reason for the weakness could be the clawback owing to the retail oversubscription. This was because of the Hong Kong Public Offer (HKPO) being 17.4x oversubscribed and the…

Hope Education (希望教育) IPO Trading - Appears Fully Priced for Now

Hong Kong

The Hang Seng Index is a free-float capitalization-weighted index of a selection of companies from the Stock Exchange of Hong Kong. The components of the index are divided into four subindices: Commerce and Industry, Finance, Utilities, and Properties. The index was developed with a base level of 100 as of July 31, 1964.

Hang Seng Index (HSI INDEX)

Charts That Matter

This webcast outlines pivotal chart points that can change the DM/EM spread and risk in Asia. Shanghai composite bull reversal off of the 2016 low...

Thomas Schroeder

Further Signs of Contagion Seeping into Asia

Our EM FX cascade call is seeing increased USD bull momentum in Asia as weaker currencies buckle and bleed into the SGD and KRW. Mounting equity...

Thomas Schroeder

Turkey, Tesla and Trade Rattle Emerging Markets

Russia: CPI in July rose 2.5% y/y vs. 2.3% in June. It was the highest rate since last December mainly due to a rebound in food prices.. Mexico:...

David Riedel

Hope Education (希望教育) IPO Trading - Appears Fully Priced for Now

Hope Education Group Co Ltd (1765 HK) quickly broke its IPO price after opening at HK$1.92 a share. There had been warning signs from its gray...

Zhen Zhou, Toh

Charts That Matter

This webcast outlines pivotal chart points that can change the DM/EM spread and risk in Asia. Shanghai composite bull reversal off of the 2016 low...

Thomas Schroeder

H Share Pressure on Shanghai Composite Break Below the 2016 Low

Shanghai composite is knocking 2016 low, a break would induced a sharp decline that would see H shares take the brunt of the pressure over the...

Thomas Schroeder

Further Signs of Contagion Seeping into Asia

Our EM FX cascade call is seeing increased USD bull momentum in Asia as weaker currencies buckle and bleed into the SGD and KRW. Mounting equity...

Thomas Schroeder

Turkey, Tesla and Trade Rattle Emerging Markets

Russia: CPI in July rose 2.5% y/y vs. 2.3% in June. It was the highest rate since last December mainly due to a rebound in food prices.. Mexico:...

David Riedel

Hope Education (希望教育) IPO Trading - Appears Fully Priced for Now

Hope Education Group Co Ltd (1765 HK) quickly broke its IPO price after opening at HK$1.92 a share. There had been warning signs from its gray...

Zhen Zhou, Toh