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

Japan Exchange Group / Technical Analysis

<a href="https://www.smartkarma.com/entities/japan-exchange-group-inc" target="_blank" data-smartkarma-citation="entities:11266:1" rel="noopener">Japan Exchange Group (8697 JP)  </a>rise is exhausting as bear divergence matures to a point of inflection that would induce a correction back to the breakout point at 2,150. Topside resistance lies at 2,850 (just below recent highs) and we like using an uptick to short for a pressure test on pivot support at 2,595 where price, upper gap and trendline support coincide.Nikkei macro resistance near 23k (second rejection on July 16) will also play a top down role in how JPX trades as well as key points outlined in <a href="https://www.smartkarma.com/insights/jpx-goes-in-to-nikkei-225-time-to-sell" target="_blank" data-smartkarma-citation="insights:41602" rel="noopener">JPX Goes In to Nikkei 225 - Time To Sell</a> by <a href="https://www.smartkarma.com/profiles/travis-lundy" target="_blank" data-smartkarma-citation="accounts:25" rel="noopener">Travis Lundy</a>RSI bear divergence is the compelling short set up that will provide bear energy.Price and retracement synergy stand out at 2,350 (50% retracement) and the bigger macro breakout level at 2,150 (61.8% retracement) as levels that attract to the downside and pivotal support handles. 2,150 is the bull/bear line in the sand.

Japan Exchange Group (8697 JP)  rise is exhausting as bear divergence matures to a point of inflection that would induce a correction back to the breakout point at 2,150. Topside resistance lies at 2,850 (just below recent highs) and we like using an uptick to short for a pressure test on pivot support at 2,595 where price, upper gap and trendline support coincide.Nikkei macro resistance near 23k (second rejection on July 16) will also play a top down role in how JPX trades as well as key points outlined in JPX Goes In to Nikkei 225 - Time To Sell by Travis LundyRSI bear divergence is the compelling short set up that will provide bear energy.Price and retracement synergy stand out at 2,350 (50% retracement) and the bigger macro breakout level at 2,150 (61.8% retracement) as levels that attract to the downside and pivotal support handles. 2,150 is the bull/bear line in the sand.

Japan Exchange Group

JPX Bear Pivots and Downside Targets