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

<figure class="editor-figure mceNonEditable"><img class="editor-image img-responsive" src="https://static-prod.smartkarma.com/images/media/000/027/687/original/COPPER.png?1497091304" data-smartkarma-image-id="27687"></figure><div class="content-caption">Copper and Steel bull patterns</div><p>A quick follow up on the bullish copper and steel theme. Last week we saw initial upside drives in both copper and steel that need follow through but are constructive for the materials rotation theme to varying degrees within Asia.</p><p>We have cleared key resistance levels in copper and steel (using the US ETF SLX) that show promise and aligns with recent bullish momentum seen in China A shares. This should translate into materials sectors. Our long bets are Jiangxi…</p>

Copper and Steel bull patternsA quick follow up on the bullish copper and steel theme. Last week we saw initial upside drives in both copper and steel that need follow through but are constructive for the materials rotation theme to varying degrees within Asia.We have cleared key resistance levels in copper and steel (using the US ETF SLX) that show promise and aligns with recent bullish momentum seen in China A shares. This should translate into materials sectors. Our long bets are Jiangxi…

Copper

Copper and Steel Bull Thrust