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

WTI oil bear plunge confirms our bear stance and the weak demand side of the equation. We outline fresh resistance points to re cycle short exposure from the original short at 43.35. The impulsive nature of the decline in oil does warn of slowing growth into 2021.Gold is gearing up for a fresh bull cycle out of the bull triangle outlined of late with C wave risk to 1,850. The longer we trade sideways, the odds increase for a break higher out of the flat range.USD rise would increase odds of a C wave slip to gold 1,850 and silver  23.50.With or without a c-wave pullback, gold and silver are setting up for a major rally cycle to new highs that should be linked to equity volatility, inflation expectations and abundant liquidity. This is a macro theme that stands out.

WTI oil bear plunge confirms our bear stance and the weak demand side of the equation. We outline fresh resistance points to re cycle short exposure from the original short at 43.35. The impulsive nature of the decline in oil does warn of slowing growth into 2021.Gold is gearing up for a fresh bull cycle out of the bull triangle outlined of late with C wave risk to 1,850. The longer we trade sideways, the odds increase for a break higher out of the flat range.USD rise would increase odds of a C wave slip to gold 1,850 and silver  23.50.With or without a c-wave pullback, gold and silver are setting up for a major rally cycle to new highs that should be linked to equity volatility, inflation expectations and abundant liquidity. This is a macro theme that stands out.

<a href="https://www.smartkarma.com/entities/gold" target="_blank" data-smartkarma-citation="entities:22870:1" rel="noopener">Gold (GOLD COMDTY)</a> met the immediate resistance and reduce zone at 1,980-2,000 and we are keen to add back long exposure near outlined supports. Silver may very well be forming a bullish flat range to stage a bigger rise to the next bull objective at 34 after meeting the 29 tactical target.Dual pronged risk for metals, stems from an SPX break above 3,400 (following the NDX lead above 11,300) and USD bull energy brewing in EM and Asia that typically precedes an equity risk off cycle and would be gold/safe have supportive assuming metals can shrug off a tactical dollar rise.Palladium is another interesting set up with a bull triangle maturing. Risk of a truncated C wave slip to 2,000 support if immediate support at 1,920 breaks. Recent rise did meet out tactical target at 2,300.

Gold (GOLD COMDTY) met the immediate resistance and reduce zone at 1,980-2,000 and we are keen to add back long exposure near outlined supports. Silver may very well be forming a bullish flat range to stage a bigger rise to the next bull objective at 34 after meeting the 29 tactical target.Dual pronged risk for metals, stems from an SPX break above 3,400 (following the NDX lead above 11,300) and USD bull energy brewing in EM and Asia that typically precedes an equity risk off cycle and would be gold/safe have supportive assuming metals can shrug off a tactical dollar rise.Palladium is another interesting set up with a bull triangle maturing. Risk of a truncated C wave slip to 2,000 support if immediate support at 1,920 breaks. Recent rise did meet out tactical target at 2,300.

<a href="https://www.smartkarma.com/entities/gold" target="_blank" data-smartkarma-citation="entities:22870:1" rel="noopener">Gold (GOLD COMDTY)</a> was frothy near 2,050 and a pullback to 1,950 was the call which did not hold. We remain macro bullish gold but a shakeout linked to a peak risk cycle was overdue. Current levels (1,870/80) will induce a reaction rise and then we range to base. Macro - Note the lack of RSI or MACD bear divergence which means the trend is still higher and this is a correction within the bigger macro trend. RSI is at 40-50 support and set for a rally. Next projection at 2,115 and 2,230.Silver 23 zone will induce a tactical swing back up.

Gold (GOLD COMDTY) was frothy near 2,050 and a pullback to 1,950 was the call which did not hold. We remain macro bullish gold but a shakeout linked to a peak risk cycle was overdue. Current levels (1,870/80) will induce a reaction rise and then we range to base. Macro - Note the lack of RSI or MACD bear divergence which means the trend is still higher and this is a correction within the bigger macro trend. RSI is at 40-50 support and set for a rally. Next projection at 2,115 and 2,230.Silver 23 zone will induce a tactical swing back up.

Gold's bull path is in line and met our first target at 1,840 with more gas left to reach 1,880. The 1,900-20 is the pivotal macro high zone to clear or will induce a rally stall.Silver has just registered a macro breakout above 19.40 and has good energy as a catch up play with gold. Silver explodes when gold's rise is moving into the mature stage. Silver shows scope to rise to 24 and 26 targets.Copper is leading base metals higher in a reflation trade/move that faces a speed bump in the next month or two. Copper is moving into resistance but attractive on a pullback to buy for a move to challenge 320.Palladium is in play after breaking upward out of triangulation with sights set on testing the January highs. Buy support lies at 2,000. Base metals will faces demand headwinds but the liquidity backdrop is bullish, particularly if equities take a breather in August/September.Silver stands out as the momentum play to ride near term.

Gold's bull path is in line and met our first target at 1,840 with more gas left to reach 1,880. The 1,900-20 is the pivotal macro high zone to clear or will induce a rally stall.Silver has just registered a macro breakout above 19.40 and has good energy as a catch up play with gold. Silver explodes when gold's rise is moving into the mature stage. Silver shows scope to rise to 24 and 26 targets.Copper is leading base metals higher in a reflation trade/move that faces a speed bump in the next month or two. Copper is moving into resistance but attractive on a pullback to buy for a move to challenge 320.Palladium is in play after breaking upward out of triangulation with sights set on testing the January highs. Buy support lies at 2,000. Base metals will faces demand headwinds but the liquidity backdrop is bullish, particularly if equities take a breather in August/September.Silver stands out as the momentum play to ride near term.

Silver Explosive Strength when Gold Is at a Mature Stage - Base Metals in Play

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

As the market churns in a one step forward, one step back fashion, we remain in wait-and-see mode as to whether recent improvements in cyclical value areas of the market have staying power. Considering the lack of breakouts or breakdowns in key cyclical areas of the market, our neutral outlook remains intact. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary, Financials, and Manufacturing: Retailers, Auto Parts, Canadian Banks, and Building Products and Fixtures.

As the market churns in a one step forward, one step back fashion, we remain in wait-and-see mode as to whether recent improvements in cyclical value areas of the market have staying power. Considering the lack of breakouts or breakdowns in key cyclical areas of the market, our neutral outlook remains intact. In today’s report we highlight attractive Groups and stocks within Consumer Discretionary, Financials, and Manufacturing: Retailers, Auto Parts, Canadian Banks, and Building Products and Fixtures.

U.S. Equity Strategy: One Step Forward, One Step Back

United States

Silver is the metallic element with the atomic number 47. Its symbol is Ag, from the Latin argentum, derived from the Greek ὰργὀς (literally "shiny" or "white"), and ultimately from a Proto-Indo-European language root reconstructed as *h₂erǵ-, "grey" or "shining". A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining.

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Silver (SILVER COMDTY)

Short Oil/Long Gold Will Reward

WTI oil bear plunge confirms our bear stance and the weak demand side of the equation. We outline fresh resistance points to re cycle short...

Thomas Schroeder

Gold and Silver Load up Levels

Gold (GOLD COMDTY) met the immediate resistance and reduce zone at 1,980-2,000 and we are keen to add back long exposure near outlined supports....

Thomas Schroeder

Gold Fresh Buy Support

Gold (GOLD COMDTY) was frothy near 2,050 and a pullback to 1,950 was the call which did not hold. We remain macro bullish gold but a shakeout...

Thomas Schroeder

Silver Explosive Strength when Gold Is at a Mature Stage - Base Metals in Play

Gold's bull path is in line and met our first target at 1,840 with more gas left to reach 1,880. The 1,900-20 is the pivotal macro high zone to...

Thomas Schroeder

U.S. Equity Strategy: One Step Forward, One Step Back

As the market churns in a one step forward, one step back fashion, we remain in wait-and-see mode as to whether recent improvements in cyclical...

Vermilion Research

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