US-China Relations: Biden-Xi Call Unlikely to Reverse the Deterioration in US-China Relations

Hong Kong Connect Flows: Tencent, WH Group, Kuaishou

Defensives Are Worth A Look; Hang Seng, Shanghai Comp, Nikkei 225, STOXX 50 Support Levels Holding

Prosperity/ Economy/ Probity/ Equity/ Property

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

<p>Hong Kong has been top short and currently pressing on the key lows at HSI 24,600 with a target of 24,000 and risk of an undershoot. H share decline in line toward the 8,300-500 target.</p><p>Our primary downside target is at 24,000 and will then measure downside momentum for a low. Risk comes in near 23,200 after a bounce attempt from 24k. The recent bounce marks a corrective flat range with wave 5 downside risk on the back of policy pressure.</p>

Hong Kong has been top short and currently pressing on the key lows at HSI 24,600 with a target of 24,000 and risk of an undershoot. H share decline in line toward the 8,300-500 target.Our primary downside target is at 24,000 and will then measure downside momentum for a low. Risk comes in near 23,200 after a bounce attempt from 24k. The recent bounce marks a corrective flat range with wave 5 downside risk on the back of policy pressure.

Hang Seng China Enterprises Index (HSCEI INDEX)

Hang Seng Index

HK Washout Low Targets