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

US equities corrective bull wedge formations are still on track to break higher with follow through looked for this week (above XLF 23.80). We touted some VIX protection in case equities continue their sideways grind.USD did not get the lift expected out of a strong NFP number. Concerns over payrolls AHE will fade as other inflation pockets are steadfast. DXY 99 support remains a critical turn zone particularly after the GBP and Euro reversals from resistance points. Patterns are USD constructive outside of parts of EM FX and the likes of CAD and AUD.T-Note – If we get this right we will get the dollar and equities spot on. Pivot resistance at 125.33 expected to cap upside attempts for a fresh assault on the 123.60 pivot support that once broken will turn the USD tide back to bullish and will bleed into global financials.Gold – Our sell zone near 1,230 remains valid. Copper is breaking down (short uptick) and will weigh on China linked assets.WTI – Short level at 54.50 for quick swing lower with a very tight stop.EEM 37+ will shape a stall zone to underperform given our bullish USD stance from DXY 100/99. EEM pair short/S&amp;P long (entered a bit early).Long Japan – Nikkei long slice added at 18,950. Banks added to the mix. USD/JPY fresh long from 112.25 with risk point at sub 111.32. JGB chart on page 2.Asia shorts – SET 50 short (-6%). Shorted Taiwan at 9,450 (relative weak link), STI short at 4,040 and DBS at 18.80 to offset Asia long positioning in the event we see further deterioration in the up cycle and a relative pairing. Will quickly cover offset shorts if we see rally energy early this week (must see US financials breakout)Asia longs – Long Nifty from 7,752 (looking to add). Long A shares from 10,050. H shares from 9,200. Long Ping An, Angang Steel, Tencent and BABA. KOSPI long from 258.85. Long Catcher (+6%). Working into KEPCO near 43k (under water). Long KLSE from 1,670.Cycles – If XLF closes above 23.80 this week, US equities will break higher (USD up/gold down) and reach for the next cycle time line near February 27/March 4th representing a bigger turn phase.

US equities corrective bull wedge formations are still on track to break higher with follow through looked for this week (above XLF 23.80). We touted some VIX protection in case equities continue their sideways grind.USD did not get the lift expected out of a strong NFP number. Concerns over payrolls AHE will fade as other inflation pockets are steadfast. DXY 99 support remains a critical turn zone particularly after the GBP and Euro reversals from resistance points. Patterns are USD constructive outside of parts of EM FX and the likes of CAD and AUD.T-Note – If we get this right we will get the dollar and equities spot on. Pivot resistance at 125.33 expected to cap upside attempts for a fresh assault on the 123.60 pivot support that once broken will turn the USD tide back to bullish and will bleed into global financials.Gold – Our sell zone near 1,230 remains valid. Copper is breaking down (short uptick) and will weigh on China linked assets.WTI – Short level at 54.50 for quick swing lower with a very tight stop.EEM 37+ will shape a stall zone to underperform given our bullish USD stance from DXY 100/99. EEM pair short/S&amp;P long (entered a bit early).Long Japan – Nikkei long slice added at 18,950. Banks added to the mix. USD/JPY fresh long from 112.25 with risk point at sub 111.32. JGB chart on page 2.Asia shorts – SET 50 short (-6%). Shorted Taiwan at 9,450 (relative weak link), STI short at 4,040 and DBS at 18.80 to offset Asia long positioning in the event we see further deterioration in the up cycle and a relative pairing. Will quickly cover offset shorts if we see rally energy early this week (must see US financials breakout)Asia longs – Long Nifty from 7,752 (looking to add). Long A shares from 10,050. H shares from 9,200. Long Ping An, Angang Steel, Tencent and BABA. KOSPI long from 258.85. Long Catcher (+6%). Working into KEPCO near 43k (under water). Long KLSE from 1,670.Cycles – If XLF closes above 23.80 this week, US equities will break higher (USD up/gold down) and reach for the next cycle time line near February 27/March 4th representing a bigger turn phase.

Hang Seng China Enterprises Index (HSCEI INDEX)

Shanghai Stock Exchange Composite Index (SHCOMP INDEX)

Korea Stock Exchange Kospi Index (KOSPI INDEX)

S&P 500 INDEX

Equities Leading a Yield Inflection