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 dangerously close to a meaningful break below macro trendline and price support that would induce downside pressure on supports in other key indices.</li>
<li>NDX Pivot support break would set in motion a downward spiral in the DJI and SPX as well as the global risk cycle. On alert!</li>
<li>Late January a weaker cycle for a washout that sets up a tender bullish February grind with Q1 topping signals maturing.</li>
</ul>


NDX is dangerously close to a meaningful break below macro trendline and price support that would induce downside pressure on supports in other key indices.
NDX Pivot support break would set in motion a downward spiral in the DJI and SPX as well as the global risk cycle. On alert!
Late January a weaker cycle for a washout that sets up a tender bullish February grind with Q1 topping signals maturing.


NDX Trendline Is the Risk Inflection that Would Change Course

<ul>
<li>SPX call to reduce at 4,800 met our 4,600 buy pattern/trend support as did the NDX at 15,300 that sets up a rally sequence. SPX pivot resistance at 4,712/40.</li>
<li>Mid January a fresh retreat is due in late January ahead of a more bullish February cycle on the back of a yield lull and resumption of yield strength.</li>
<li>NDX rally will be used to re short near resistance as tech remains a weak link in the face of rising yields (banks the beneficiary).</li>
</ul>


SPX call to reduce at 4,800 met our 4,600 buy pattern/trend support as did the NDX at 15,300 that sets up a rally sequence. SPX pivot resistance at 4,712/40.
Mid January a fresh retreat is due in late January ahead of a more bullish February cycle on the back of a yield lull and resumption of yield strength.
NDX rally will be used to re short near resistance as tech remains a weak link in the face of rising yields (banks the beneficiary).


US Treasury (10 Yr Generic) / Technical Analysis

<ul>
<li>We have made a bullish yield argument from the 10yr 1.37% zone to clear the key 1.68% breakout barrier. A yield spike will pressure tech at NDX macro trendline support.</li>
<li>NDX long term trendline make or break support lies at 15,300. We expect a break in later Q1 but if broken now it will bring forward a negative risk cycle.</li>
<li>Our macro 10yr yield rise to the 2%+ region for a top correlated with a peak in the equity cycle in late Q1. Rate sensitive ration undercurrents.</li>
</ul>


We have made a bullish yield argument from the 10yr 1.37% zone to clear the key 1.68% breakout barrier. A yield spike will pressure tech at NDX macro trendline support.
NDX long term trendline make or break support lies at 15,300. We expect a break in later Q1 but if broken now it will bring forward a negative risk cycle.
Our macro 10yr yield rise to the 2%+ region for a top correlated with a peak in the equity cycle in late Q1. Rate sensitive ration undercurrents.


Yield Breakout and NDX LT Trendline Inflection for US and Global Risk

<ul>
<li>NDX was a favored underperform and short at 16,500 with solid buy zone focused near 15,600/300 where price and trendline support meet.</li>
<li>SPX was due for a pullback after meeting the 4,800 projection while the DJI and NDX failed to register equivalent highs for a case of inter market divergence. </li>
<li>US 10yr yield is attempting to clear the all important 1.69% breakout barrier. Bull triangle to breakout higher. This will directly impact tech.</li>
</ul>


NDX was a favored underperform and short at 16,500 with solid buy zone focused near 15,600/300 where price and trendline support meet.
SPX was due for a pullback after meeting the 4,800 projection while the DJI and NDX failed to register equivalent highs for a case of inter market divergence. 
US 10yr yield is attempting to clear the all important 1.69% breakout barrier. Bull triangle to breakout higher. This will directly impact tech.


<ul>
<li>US lows on Dec 20th came shy of ideal buy levels. Base case calls for some protection for a draw down within the range to get long.</li>
<li>Q1 rise expected to be a choppy affair as rising wedge formations matures and breadth cracks expand (typical into bigger cycle peaks).</li>
<li>NDX 16,500 near resistance in focus to sell. DJI is out top short vehicle on pullbacks (U/P.</li>
</ul>


US lows on Dec 20th came shy of ideal buy levels. Base case calls for some protection for a draw down within the range to get long.
Q1 rise expected to be a choppy affair as rising wedge formations matures and breadth cracks expand (typical into bigger cycle peaks).
NDX 16,500 near resistance in focus to sell. DJI is out top short vehicle on pullbacks (U/P.


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 Is the Risk Inflection that Would Change Course

NDX is dangerously close to a meaningful break below macro trendline and price support that would induce downside pressure on supports in other key...

Thomas Schroeder

SPX and NDX Met Buy Target Levels

SPX call to reduce at 4,800 met our 4,600 buy pattern/trend support as did the NDX at 15,300 that sets up a rally sequence. SPX pivot resistance at...

Thomas Schroeder

Yield Breakout and NDX LT Trendline Inflection for US and Global Risk

We have made a bullish yield argument from the 10yr 1.37% zone to clear the key 1.68% breakout barrier. A yield spike will pressure tech at NDX...

Thomas Schroeder

NDX Short Target

NDX was a favored underperform and short at 16,500 with solid buy zone focused near 15,600/300 where price and trendline support meet.

Thomas Schroeder

US Give Back to Buy Support

US lows on Dec 20th came shy of ideal buy levels. Base case calls for some protection for a draw down within the range to get long.

Thomas Schroeder