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

iShares MSCI Emerging Markets / Technical Analysis

Bullish above EEM 35Our July transition from bearish to bullish was brought forward on the S&amp;P rise above 2,130 with pullback support at 2,130/00 and the EEM breakout above 35.EEM above 35 is bullish and induced a fresh buy signal targeting 36.50/37, representing a heavy overhead barrier (previous support since 2012).Asia FX hostage to offsetting forces. DXY must clear 96.50 for bias seep into Asian FX trade. Weak JPY and CHN countered by bullish equity bias thus ranges expected to continue.Europe – Not out of the woods just yet and why we kept some Europe short exposure. In fact a fresh short in Euro banks is brewing and will act as the catalyst weakness that will set up better buy levels globally.Core risk indicators – USD/JPY buy called at 101.20 (USD bullish). Gold buy on dips (more about stimulus but will face USD and risk on headwinds). T note sold below 1.40% yield. Pinging to re short GBP near 1.32+. Euro banks vulnerable to a final leg down to 75.Oil – Short covered for 2% gain with pattern resolution required. Copper short covered at break even on July 12.Japan – Squared Nikkei short on July 11 for 6.26% gain, USD/JPY bought at 101.20 per update. Long Japan banks at 83.50 the following morning. Premature Nikkei long at 16,500 with put hedge.Asia shorts – Korea 246.50 short reduced on SEC break above 1.5m. Taiwan 8,670 short stopped out and reversed to long at 8,900. H share 8,600 short stopped out for 2.71% loss. Singapore short cut for 0.73% hit.Asia longs – India long from Nifty 7,752. Holding SEC long after clearing 1.5m hurdle. Thailand SET 50 906 long edging above 930 breakout level. Malaysia long from 1,645. Long HSI from 20,900 added H share slice at 9,000. Long Taiwan from 8,900.Cycles – Buy levels revised higher on S&amp;P bullish advance above 2,130 and EEM 35. Re measuring buy supports. Japan undergoing macro degree bullish cycle turn.

Bullish above EEM 35Our July transition from bearish to bullish was brought forward on the S&amp;P rise above 2,130 with pullback support at 2,130/00 and the EEM breakout above 35.EEM above 35 is bullish and induced a fresh buy signal targeting 36.50/37, representing a heavy overhead barrier (previous support since 2012).Asia FX hostage to offsetting forces. DXY must clear 96.50 for bias seep into Asian FX trade. Weak JPY and CHN countered by bullish equity bias thus ranges expected to continue.Europe – Not out of the woods just yet and why we kept some Europe short exposure. In fact a fresh short in Euro banks is brewing and will act as the catalyst weakness that will set up better buy levels globally.Core risk indicators – USD/JPY buy called at 101.20 (USD bullish). Gold buy on dips (more about stimulus but will face USD and risk on headwinds). T note sold below 1.40% yield. Pinging to re short GBP near 1.32+. Euro banks vulnerable to a final leg down to 75.Oil – Short covered for 2% gain with pattern resolution required. Copper short covered at break even on July 12.Japan – Squared Nikkei short on July 11 for 6.26% gain, USD/JPY bought at 101.20 per update. Long Japan banks at 83.50 the following morning. Premature Nikkei long at 16,500 with put hedge.Asia shorts – Korea 246.50 short reduced on SEC break above 1.5m. Taiwan 8,670 short stopped out and reversed to long at 8,900. H share 8,600 short stopped out for 2.71% loss. Singapore short cut for 0.73% hit.Asia longs – India long from Nifty 7,752. Holding SEC long after clearing 1.5m hurdle. Thailand SET 50 906 long edging above 930 breakout level. Malaysia long from 1,645. Long HSI from 20,900 added H share slice at 9,000. Long Taiwan from 8,900.Cycles – Buy levels revised higher on S&amp;P bullish advance above 2,130 and EEM 35. Re measuring buy supports. Japan undergoing macro degree bullish cycle turn.

iShares MSCI Emerging Markets

Bullish EM's