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

EURO STOXX 50 Price EUR / Technical Analysis

European banks (SX7E) were flagged as a high conviction short at the 100 zone before the break of macro rising wedge support. Fresh sell resistance at 93, targets 89 again with 86 the primary objective.This is part of our weak yield/bank/crowded trade play that is unfolding in the US to a lesser degree.Duration rising wedge pattern breaks along with MACD triangulation/bear divergence are one of the most powerful and high conviction set ups. This is a classic change in trend inflection.We still have short conviction but are well into phase II of the decline.

European banks (SX7E) were flagged as a high conviction short at the 100 zone before the break of macro rising wedge support. Fresh sell resistance at 93, targets 89 again with 86 the primary objective.This is part of our weak yield/bank/crowded trade play that is unfolding in the US to a lesser degree.Duration rising wedge pattern breaks along with MACD triangulation/bear divergence are one of the most powerful and high conviction set ups. This is a classic change in trend inflection.We still have short conviction but are well into phase II of the decline.

EURO STOXX 50 Price EUR

Euro Bank Exodus Continues