Crisis, What Crisis! – The Drivers of Global Liquidity and What to Watch Out For?

Interpreting the Zweig Breadth Thrust Buy Signal

$SPX 4165-4200 in Play; WTI Crude Testing $82 Resistance; Buys in Gold Miners, Waste Services

S&P 500, Nasdaq 100, DJIA All Testing Resistance; Downgrading Financials to Underweight; Buy Staples

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

<ul>
<li>SPX met the 4,100 long target and NDX turned higher off of 13,000 support that are expected to induce a secondary April rally.</li>
<li>A push back toward SPX 4,200 will put the final touches on the buoyant April recovery cycle toward SPX 4,200/20. There is risk the rally falters below 4,200.</li>
<li>US 10yr yield hovering above 3.20% lower wedge support per call for an undershoot below 3.35%. </li>
</ul>


SPX met the 4,100 long target and NDX turned higher off of 13,000 support that are expected to induce a secondary April rally.
A push back toward SPX 4,200 will put the final touches on the buoyant April recovery cycle toward SPX 4,200/20. There is risk the rally falters below 4,200.
US 10yr yield hovering above 3.20% lower wedge support per call for an undershoot below 3.35%. 


S&P 500 INDEX

SPX 4,100 Bull Turn