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

<a href="https://www.smartkarma.com/entities/fortis-healthcare-ltd" target="_blank" data-smartkarma-citation="entities:881:1" rel="noopener">Fortis Healthcare (FORH IN)</a> is knocking on key resistance at 135 with a secondary barrier at 153 that will act as cap levels for rally attempts looking forward. Fortis lacks the improvement in buy volume to suggest a key low is in place.Near term direction will be driven by the rising wedge with resistance at 132-135. Breaking wedge support would see a re test of the 115 low with key lows at 110 attracting.MACD is well off of noted key resistance. A re break below pivot support would act as a bear trigger.A fresh bull cycle would require a better base to form.

Fortis Healthcare (FORH IN) is knocking on key resistance at 135 with a secondary barrier at 153 that will act as cap levels for rally attempts looking forward. Fortis lacks the improvement in buy volume to suggest a key low is in place.Near term direction will be driven by the rising wedge with resistance at 132-135. Breaking wedge support would see a re test of the 115 low with key lows at 110 attracting.MACD is well off of noted key resistance. A re break below pivot support would act as a bear trigger.A fresh bull cycle would require a better base to form.

Fortis Healthcare Bear Pressure Dominates