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 show signs of breaking higher out of congestion after dual head fakes. Small caps, DJI and financials are standout picks. S&amp;P 2,204 targeted. Breadth needs mending. T note turned lower form our 133 target.USD/JPY will add fuel to the global cycle if we hold the 100 key support, any break below 100 would induce a harder risk off phase.DXY lacks follow through above DXY 96.50 with pullback support at 94.40 as a rising channel takes shape. Asian FX remains range bound. USD has some repairing to work through.Emerging markets remain set to reach for new chart highs. EEM 35.30 long targets 37 to lock in gains and a formidable barrier that will not be surpassed on the first attempt (degree of correction in the spotlight).Euro banks represent ongoing risk to the global cycle and should have a bigger impact once we see new US chart highs in August from which point our cycle work calls for a correction.Brent oil is approaching our MT 40-41 cycle low target. Current uptick sequence is viewed as corrective but under scrutiny (RSI resistance).Gold to weaken to 1,290 as risk offsets easy policy.Japan – Long from 16,376 and 16,000. Betting that the USD/JPY turns up off 100 MT inflection support.CNH – Fresh USD buy support at 6.60/50 for drive to 6.751. 7.0 macro target.Asia longs – India long from Nifty 7,752. HSI long from 20,900. H share long from 9,000 (adding). SEC long from 1.36m Hyundai Motor 129.5k. Thailand SET 50 906 long (add banks after breakout). Long Taiwan from 8,900.Asia shorts – Small hedge shorts in Korea, Indian banks and HK property as pair trades. Now that we have clearer bull signals out of the US we will be lifting short some exposure.August strength to lead to a tactical top while aligning Asian resistance points with EEM 37.

US equities show signs of breaking higher out of congestion after dual head fakes. Small caps, DJI and financials are standout picks. S&amp;P 2,204 targeted. Breadth needs mending. T note turned lower form our 133 target.USD/JPY will add fuel to the global cycle if we hold the 100 key support, any break below 100 would induce a harder risk off phase.DXY lacks follow through above DXY 96.50 with pullback support at 94.40 as a rising channel takes shape. Asian FX remains range bound. USD has some repairing to work through.Emerging markets remain set to reach for new chart highs. EEM 35.30 long targets 37 to lock in gains and a formidable barrier that will not be surpassed on the first attempt (degree of correction in the spotlight).Euro banks represent ongoing risk to the global cycle and should have a bigger impact once we see new US chart highs in August from which point our cycle work calls for a correction.Brent oil is approaching our MT 40-41 cycle low target. Current uptick sequence is viewed as corrective but under scrutiny (RSI resistance).Gold to weaken to 1,290 as risk offsets easy policy.Japan – Long from 16,376 and 16,000. Betting that the USD/JPY turns up off 100 MT inflection support.CNH – Fresh USD buy support at 6.60/50 for drive to 6.751. 7.0 macro target.Asia longs – India long from Nifty 7,752. HSI long from 20,900. H share long from 9,000 (adding). SEC long from 1.36m Hyundai Motor 129.5k. Thailand SET 50 906 long (add banks after breakout). Long Taiwan from 8,900.Asia shorts – Small hedge shorts in Korea, Indian banks and HK property as pair trades. Now that we have clearer bull signals out of the US we will be lifting short some exposure.August strength to lead to a tactical top while aligning Asian resistance points with EEM 37.

Synchrony Financial

Equity Fuel as USD Re Sets