Copper Rally to Help Mend H Share Breadth

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>We made a bullish bet in copper and material sectors in May 2017 at the 2.55 area. Recently we made a short bet at 3.15 with a target at 2.92 where we exited this trade with a bias to buy lower levels in October. We also touted a pullback for weaker Australian and H share materials stocks in early September for a multi week give back. Our top short pick was Jiangxi copper at 14 which as met our 12.50 cover target with risk to 12.00. JC hit a low yesterday of 12.06.</p><p>We are keen to buy back into…</p>

We made a bullish bet in copper and material sectors in May 2017 at the 2.55 area. Recently we made a short bet at 3.15 with a target at 2.92 where we exited this trade with a bias to buy lower levels in October. We also touted a pullback for weaker Australian and H share materials stocks in early September for a multi week give back. Our top short pick was Jiangxi copper at 14 which as met our 12.50 cover target with risk to 12.00. JC hit a low yesterday of 12.06.We are keen to buy back into…

Copper

Buy Copper in October