Risk Pivots and Color into Late September

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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

Nasdaq-100 Stock Index / Technical Analysis

<ul>
<li>Fed bounce used to add to NDX short at 12,100. RTY break below 1,775 is the more damning inflection pivot to see bear momentum accelerate in our short group.</li>
<li>RTY below 1,775 targets 1,710 and 1,690. NDX increased bear pressure to crack 11,500/400 support and reach for that key 11k macro support level.</li>
<li>SPX 3,750 pressure test. RTY implies we crack 3,750 and reach for the June low. 3,500 is our new low PT then bull probe in late September/early October.</li>
</ul>


Fed bounce used to add to NDX short at 12,100. RTY break below 1,775 is the more damning inflection pivot to see bear momentum accelerate in our short group.
RTY below 1,775 targets 1,710 and 1,690. NDX increased bear pressure to crack 11,500/400 support and reach for that key 11k macro support level.
SPX 3,750 pressure test. RTY implies we crack 3,750 and reach for the June low. 3,500 is our new low PT then bull probe in late September/early October.


Nasdaq-100 Stock Index

RTY Support Inflection Break