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

US daily RSI spike risk still from the 40 area. Rally bet from 3,320 met 3,400-40 target zone but secondary push failed. Flat range risk of breaking down after rally failed at underside of trendline.DJI 27k and NDX 10,900 pivots to hold or break as lead action points. We are trading a tactical bounce from just above these supports to test the trendline break point.If NDX breaks below 10,900 after failing to re take broken trendline support, it will take the SPX and global cycle with it.SPX weekly cycle illustrates some macro concerns with a weekly bear reversal set up and MACD turn down from key resistance. Macro pivot lies at 3,220. Ideal short zone on a bounce near 3,400+ where we faded.

US daily RSI spike risk still from the 40 area. Rally bet from 3,320 met 3,400-40 target zone but secondary push failed. Flat range risk of breaking down after rally failed at underside of trendline.DJI 27k and NDX 10,900 pivots to hold or break as lead action points. We are trading a tactical bounce from just above these supports to test the trendline break point.If NDX breaks below 10,900 after failing to re take broken trendline support, it will take the SPX and global cycle with it.SPX weekly cycle illustrates some macro concerns with a weekly bear reversal set up and MACD turn down from key resistance. Macro pivot lies at 3,220. Ideal short zone on a bounce near 3,400+ where we faded.

Dow Jones Industrial Average (INDU INDEX)

S&P 500 INDEX

SPX and NDX Trendline Breach Test