How Market Structure Tells the Story of a Market Top

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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

SPDR S&P Regional Banking ETF / Technical Analysis

<ul>
<li>Bank jitters touted to resurface in May with growth concerns topping falling inflation data. SPX MACD in focus as a key bearish driver.</li>
<li>KRE bear break below 42 support targets 32.40 and will bleed into the SPX and the global cycle.</li>
<li>MACD cycle trough expected near mid-June and will set the stage for a bull recovery. Until then we are selling bounces per our May/June negative cycle.</li>
</ul>


Bank jitters touted to resurface in May with growth concerns topping falling inflation data. SPX MACD in focus as a key bearish driver.
KRE bear break below 42 support targets 32.40 and will bleed into the SPX and the global cycle.
MACD cycle trough expected near mid-June and will set the stage for a bull recovery. Until then we are selling bounces per our May/June negative cycle.


SPDR S&P Regional Banking ETF

KRE Lead Breakdown