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

iShares MSCI Emerging Markets / Technical Analysis

EM perform fade given our June 9th call for a USD reaction rally. Europe underperform with banks leading weakness. S&amp;P fade from 2,110/20 unfolding, watch 2,084 pivot.Short Euro banks – Short at SX7E 107.90. 110 short squared at 100.15 and reset Friday at 99. Break of 98 support (big level for plunge) targets 86, 82 and 75. Europe still the weakest link. Banks leading the global cycle lower.DXY call for long entry just below 94 for reaction rise to 94.60 that could stretch to 95.30. Euro turn touted at 1.14+. GBP short working. Dollar upside trades put on June 9 in SGD, KRW, THB (EM FX). Short USD vs INR and MYR but monitoring USD bounce. Above DXY 94.60, SGD 1.3640, KRW 1,175 and THB 35.38 would see the dollar rise further – key levels.S&amp;P – 2,065 Long, reduced half at 2,110 and squared the remainder at 2,102. June 8th shorted banks (XLF) and material sectors (XLB) in anticipation of a US decline. Sold DJI 17,800 long at 17,900. S&amp;P 2,084 is the bigger inflection level.Long India – 8,350 barrier with 8,700 MT target. Placed a hedge at 8,200 for slide to test 8,000 pivotal support where re rally to unfold.Short Oil/Russia/CAD – Brent shorted at 52.43 with risk to 54 for slide to 50.17 and 44. Below Brent 50.17 would imply a bigger top is in place. Russia 954 short with risk to 980; 930 reaction support but major target at 800. CAD 1.2697 short call targets 1.2830.Short HK property – Looking to re set our HK property short on Monday.Short Japan – Shorted at 16,730 with add at 17,000 or on break below 16,000 pivot support.CNH – USD clearing 6.59 barrier with bigger level at 6.62. Remain dollar bullish and looking to add back to USD long on a dip.Asia shorts – Still short Australia. Korea needs to fade before re shorting. Singapore short from 2,860.Asia longs – India long from Nifty 7,752. HSI 20,300 long reduced by half at 21,225. HSCEI 8,585 long sold at 8,970. SEC long from 1.36m. Thailand SET 50 906 long needs reevaluation. Malaysia long from 1,635, sold at 1,645 per Friday’s update.Pivots – USD key resistance points are vital to a reaction rise in oil and EM’s. Europe is on a path of destruction. S&amp;P below 2,084 will follow Europe’s bear lead.

EM perform fade given our June 9th call for a USD reaction rally. Europe underperform with banks leading weakness. S&amp;P fade from 2,110/20 unfolding, watch 2,084 pivot.Short Euro banks – Short at SX7E 107.90. 110 short squared at 100.15 and reset Friday at 99. Break of 98 support (big level for plunge) targets 86, 82 and 75. Europe still the weakest link. Banks leading the global cycle lower.DXY call for long entry just below 94 for reaction rise to 94.60 that could stretch to 95.30. Euro turn touted at 1.14+. GBP short working. Dollar upside trades put on June 9 in SGD, KRW, THB (EM FX). Short USD vs INR and MYR but monitoring USD bounce. Above DXY 94.60, SGD 1.3640, KRW 1,175 and THB 35.38 would see the dollar rise further – key levels.S&amp;P – 2,065 Long, reduced half at 2,110 and squared the remainder at 2,102. June 8th shorted banks (XLF) and material sectors (XLB) in anticipation of a US decline. Sold DJI 17,800 long at 17,900. S&amp;P 2,084 is the bigger inflection level.Long India – 8,350 barrier with 8,700 MT target. Placed a hedge at 8,200 for slide to test 8,000 pivotal support where re rally to unfold.Short Oil/Russia/CAD – Brent shorted at 52.43 with risk to 54 for slide to 50.17 and 44. Below Brent 50.17 would imply a bigger top is in place. Russia 954 short with risk to 980; 930 reaction support but major target at 800. CAD 1.2697 short call targets 1.2830.Short HK property – Looking to re set our HK property short on Monday.Short Japan – Shorted at 16,730 with add at 17,000 or on break below 16,000 pivot support.CNH – USD clearing 6.59 barrier with bigger level at 6.62. Remain dollar bullish and looking to add back to USD long on a dip.Asia shorts – Still short Australia. Korea needs to fade before re shorting. Singapore short from 2,860.Asia longs – India long from Nifty 7,752. HSI 20,300 long reduced by half at 21,225. HSCEI 8,585 long sold at 8,970. SEC long from 1.36m. Thailand SET 50 906 long needs reevaluation. Malaysia long from 1,635, sold at 1,645 per Friday’s update.Pivots – USD key resistance points are vital to a reaction rise in oil and EM’s. Europe is on a path of destruction. S&amp;P below 2,084 will follow Europe’s bear lead.

Euro Banks Plunge, USD Turn and Oil Short