Australian Banks: Who Wants to Be a Millionaire? Tales Of "The Land Down Under".

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

Korea Stock Exchange KOSPI 200 / Technical Analysis

Korea Stock Exchange KOSPI 200 (KOSPI2 INDEX EQUITY)

<p>Asia's strong horses are showing weakening stances that are vulnerable to follow the bear camp lower from key sell resistance points. US tech hangs in the balance and have driven home divergences that warn of a top cycle in tech (TSMC and SEC stall) and in risk in late July/early August into what is a seasonally weak period.</p><div>Top long conviction in A50/H shares (wobble to sell early), ASX (momentum struggle) and Taiwan (RSI problems with TSMC froth). India transitioning from less bullish to the bear camp as banks begin to show cracks.</div><div></div><div>Top short conviction in Nikkei/TOPIX, Singapore and Malaysia (pressuring 1,615 pivot resistance). Korea testing top of range with some noise. HSI short a bounce.</div><div></div><div>A DXY low near 93 and dollar low in Asia will act as a key input for a risk turn. This webcast touches on the DXY, USD/KRW and USD/SGD. Pockets are USD strength are already well established versus the THB, IDR, INR with MYR next in line as well as USD/CNH troughing.</div>

Asia's strong horses are showing weakening stances that are vulnerable to follow the bear camp lower from key sell resistance points. US tech hangs in the balance and have driven home divergences that warn of a top cycle in tech (TSMC and SEC stall) and in risk in late July/early August into what is a seasonally weak period.Top long conviction in A50/H shares (wobble to sell early), ASX (momentum struggle) and Taiwan (RSI problems with TSMC froth). India transitioning from less bullish to the bear camp as banks begin to show cracks.Top short conviction in Nikkei/TOPIX, Singapore and Malaysia (pressuring 1,615 pivot resistance). Korea testing top of range with some noise. HSI short a bounce.A DXY low near 93 and dollar low in Asia will act as a key input for a risk turn. This webcast touches on the DXY, USD/KRW and USD/SGD. Pockets are USD strength are already well established versus the THB, IDR, INR with MYR next in line as well as USD/CNH troughing.

Hang Seng China Enterprises Index (HSCEI INDEX)

FTSE Straits Times Index (STI) (STI INDEX)

Kuala Lumpur Composite Index (KLCI) (FBMKLCI INDEX)

Taiwan Stock Exchange Weighted Index (TWSE INDEX)

Australian Stock Exchange All Ordinaries Index (AS30 INDEX)

Australian Stock Exchange All Ordinaries Index

Korea Stock Exchange KOSPI 200

Asia Short Bets as Strong Horses Bend