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

Nasdaq-100 Stock Index / Technical Analysis

<ul>
<li>NDX is popping up on our radar as it nears buy compelling trendline and price buy support once the December risk off cycle terminates.</li>
<li>Meeting the pullback target at 15,500/700 with bounce resistance at 16,300. High conviction buy zone near 15,300 trendline and price support.</li>
<li>NDX due to underperform in December with yields at the lower end of the range ahead of inflation pressures resurfacing.</li>
</ul>


NDX is popping up on our radar as it nears buy compelling trendline and price buy support once the December risk off cycle terminates.
Meeting the pullback target at 15,500/700 with bounce resistance at 16,300. High conviction buy zone near 15,300 trendline and price support.
NDX due to underperform in December with yields at the lower end of the range ahead of inflation pressures resurfacing.


<ul>
<li>US 10yr yield is knocking on the 1.69% breakout pivot at a time when the NDX displays topping signals providing some clarity for risk in December.</li>
<li>NDX RSI bear divergence is maturing and lacking a final new high to complete a high conviction top signal (December).</li>
<li>The NDX wave 5 high sending a warning signal of the SPX topping in mid-December for a pullback cycle into early Q1.</li>
</ul>


US 10yr yield is knocking on the 1.69% breakout pivot at a time when the NDX displays topping signals providing some clarity for risk in December.
NDX RSI bear divergence is maturing and lacking a final new high to complete a high conviction top signal (December).
The NDX wave 5 high sending a warning signal of the SPX topping in mid-December for a pullback cycle into early Q1.


NDX is showing underlying weakness as the DJI and financials display perform/pair strength into late August. SPX rise shows increasing exhaustive characteristics as the RSI reaches our sell target. This week we continue to expect rotation undercurrents to support the US cycle this week.SPX dip and rally in line with strength into later this week where the cycle is expected to shift to weakness but the primary cycle window for a more negative period is near August 26 and then we face September seasonality. Markets are ripe for a correction given near term overbought readings.Short focus in RTY and NDX as pairs while layering out of the SPX and DJI long.

NDX is showing underlying weakness as the DJI and financials display perform/pair strength into late August. SPX rise shows increasing exhaustive characteristics as the RSI reaches our sell target. This week we continue to expect rotation undercurrents to support the US cycle this week.SPX dip and rally in line with strength into later this week where the cycle is expected to shift to weakness but the primary cycle window for a more negative period is near August 26 and then we face September seasonality. Markets are ripe for a correction given near term overbought readings.Short focus in RTY and NDX as pairs while layering out of the SPX and DJI long.

Well defined flat range breakout points in the SPX and DJI call for an exhaustive push to register a minor new SPX high before the next pullback cycle. Trendline support at 4,370 is the risk inflection support.SPX daily RSI has room to push to the 70 sell zone that sets up a top. The intraday chart pattern shows breakout points at 4,370 and 4,420. Flat ranges typically break to the upside.SPX rise toward 4,430-50 at the top end of the range where risk to reward turns less favorable in August when seasonality bends to bearish.

Well defined flat range breakout points in the SPX and DJI call for an exhaustive push to register a minor new SPX high before the next pullback cycle. Trendline support at 4,370 is the risk inflection support.SPX daily RSI has room to push to the 70 sell zone that sets up a top. The intraday chart pattern shows breakout points at 4,370 and 4,420. Flat ranges typically break to the upside.SPX rise toward 4,430-50 at the top end of the range where risk to reward turns less favorable in August when seasonality bends to bearish.

SPX Flat Range Push and Risk Break Points

NDX call to short near 15,000 projection is working and this is the path we see unfolding after a reaction bounce to seek out 14,200 support and bigger buy level at 13,600 as the fresh long zone in mid August.The NDX trendline break did see the SPX follow with a trendline break below 4,310 support.Our cycle work called for a bull to bear turn around July 16/19 with a weaker cycle expected in the first half of August.

NDX call to short near 15,000 projection is working and this is the path we see unfolding after a reaction bounce to seek out 14,200 support and bigger buy level at 13,600 as the fresh long zone in mid August.The NDX trendline break did see the SPX follow with a trendline break below 4,310 support.Our cycle work called for a bull to bear turn around July 16/19 with a weaker cycle expected in the first half of August.

United States

The NASDAQ-100 Index is a modified capitalization-weighted index of the 100 largest and most active non-financial domestic and international issues listed on the NASDAQ. No security can have more than a 24% weighting. The index was developed with a base value of 125 as of February 1, 1985. Prior to December 21,1998 the Nasdaq 100 was a cap-weighted index.

Nasdaq-100 Stock Index (NDX INDEX)

NDX Trendline Buy Zone

NDX is popping up on our radar as it nears buy compelling trendline and price buy support once the December risk off cycle terminates.

Thomas Schroeder

Yield Trajectory and NDX Wave 5 Warning

US 10yr yield is knocking on the 1.69% breakout pivot at a time when the NDX displays topping signals providing some clarity for risk in December.

Thomas Schroeder

NDX Bend as SPX Rise Exhuasts

NDX underlying weakness amid DJI/financials strength into late August. SPX rise shows increasing exhaustive characteristics. The bull cycle is...

Thomas Schroeder

SPX Flat Range Push and Risk Break Points

Well defined range breakout points in the SPX and DJI call for an exhaustive push to register a minor new SPX high before the next pullback cycle....

Thomas Schroeder

NDX Short Path

NDX short near 15,000 projection is working and after a reaction bounce toward 13,800 will seek out 14,200 support and bigger buy level at 13,600...

Thomas Schroeder