HSI - Implications of Proposed Changes: WVR, Secondary Listings, Finance Sector Capping

Bullish USD in EM/Asia Telegraphs Asia Equity Slide

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

<p style="text-align: justify;">Asia is meeting key resistance points across the board as outlined in our webinar on April 15 which pinpointed sell levels in Asia and also called in our April 20 insight <a href="https://www.smartkarma.com/insights/bullish-usd-in-em-asia-telegraphs-asia-equity-slide" target="_blank" rel="noopener" data-smartkarma-citation="insights:38561">Bullish USD in EM/Asia Telegraphs Asia Equity Slide</a> . April 21 is the next cycle timeline linked to weakness into late April if not early May. Summer months are expected to be choppy with an overall downside bias from a  late May crest.</p><p style="text-align: justify;">Today we are seeing an upside impulse in the USD and Asian equity weakness in line with our sell call last week. USD is expected to rally versus EM FX and is now bleeding into Asian FX.</p>

Asia is meeting key resistance points across the board as outlined in our webinar on April 15 which pinpointed sell levels in Asia and also called in our April 20 insight Bullish USD in EM/Asia Telegraphs Asia Equity Slide . April 21 is the next cycle timeline linked to weakness into late April if not early May. Summer months are expected to be choppy with an overall downside bias from a  late May crest.Today we are seeing an upside impulse in the USD and Asian equity weakness in line with our sell call last week. USD is expected to rally versus EM FX and is now bleeding into Asian FX.

Hang Seng China Enterprises Index (HSCEI INDEX)

Korea Stock Exchange KOSPI 200 (KOSPI2 INDEX EQUITY)

Taiwan Stock Exchange Weighted Index (TWSE INDEX)

Hang Seng Index

Asia Short Sell Levels Met