U.S. Equity Strategy: Bullish Outlook Intact

Fed Downplays Economic Overheating and Equity Market Risks: Focus on Unemployment and Low Inflation

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>SPX 3,950-66 top of wedge call to sell down risk and put on some protection for a test on SPX 3,800 buy support with 3,890 the near trigger support to break, if it holds then adjust for a bounce. SPX 4,000 is our next upside target with upgrade potential (from a low near 3,800). Sub 3,800 would induce a harder pullback.</p>

SPX 3,950-66 top of wedge call to sell down risk and put on some protection for a test on SPX 3,800 buy support with 3,890 the near trigger support to break, if it holds then adjust for a bounce. SPX 4,000 is our next upside target with upgrade potential (from a low near 3,800). Sub 3,800 would induce a harder pullback.

S&P 500 INDEX

SPX 3,800 Long Support