US Value Vs Growth:  The Goldilocks Portfolio

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

Nasdaq-100 Stock Index / Technical Analysis

Our base case called for tactical short attempt at SPX 3,400 for a fade to buy October weakness. The break above SPX 3,420 hit our stop and reverse trigger to turn long with a focus on buying the DJI and NDX as the trailing long  plays.Global risk is tied to SPX 3,420 holding a downside pressure test this week with fade resistance at 3,500 and must hold support at 3,420. Below 3,420 would reinstate a hedge. We do see tough resistance levels in Europe and Asia and the reluctance to rally in tandem with the US. This questions how long the SPX can stay above 3,420 and makes this level all the more important. Near term we see a short trade in Asia and Europe on the fade from SPX 3,500 but if 3,420 holds a pressure test we need to build long exposure in Asia (Europe we are more bearish outside of the DAX long zone near 12,500).SPX 3,240 and NDX 11,600 key risk pivots and bull/bear lines.

Our base case called for tactical short attempt at SPX 3,400 for a fade to buy October weakness. The break above SPX 3,420 hit our stop and reverse trigger to turn long with a focus on buying the DJI and NDX as the trailing long  plays.Global risk is tied to SPX 3,420 holding a downside pressure test this week with fade resistance at 3,500 and must hold support at 3,420. Below 3,420 would reinstate a hedge. We do see tough resistance levels in Europe and Asia and the reluctance to rally in tandem with the US. This questions how long the SPX can stay above 3,420 and makes this level all the more important. Near term we see a short trade in Asia and Europe on the fade from SPX 3,500 but if 3,420 holds a pressure test we need to build long exposure in Asia (Europe we are more bearish outside of the DAX long zone near 12,500).SPX 3,240 and NDX 11,600 key risk pivots and bull/bear lines.

Nasdaq-100 Stock Index

Risk on Above SPX 3,420/NDX 11,600