U.S. Equity Strategy: Dramatic Improvement

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

<a href="https://www.smartkarma.com/entities/s-p-500" target="_blank" rel="noopener" data-smartkarma-citation="entities:22886:1">S&amp;P 500 (SPX INDEX)</a> breakout conviction is low until we see weaker sectors participate. Core sectors remain well below breakout levels compared to the SPX outside of the SOX and NDX (leading upside strength). Once again, weaker sectors are flashing warning signals if the SPX fades ack below the 3,025/15 breakout point.Russell, transports, industrials, metals, Biotech and the DJI are all well off major high levels. The Dow's relative performance has plunged of late creating a negative Dow theory signal.Volatility has been hammered to lows of interest.SPX would take it on the chin if the Fed does not cut.Long trade outlinedjust above pivot support, if broken would induce a short position. For a full fledge bull breakout we need to see weak sectors breakout above SPX 3,050.

S&amp;P 500 (SPX INDEX) breakout conviction is low until we see weaker sectors participate. Core sectors remain well below breakout levels compared to the SPX outside of the SOX and NDX (leading upside strength). Once again, weaker sectors are flashing warning signals if the SPX fades ack below the 3,025/15 breakout point.Russell, transports, industrials, metals, Biotech and the DJI are all well off major high levels. The Dow's relative performance has plunged of late creating a negative Dow theory signal.Volatility has been hammered to lows of interest.SPX would take it on the chin if the Fed does not cut.Long trade outlinedjust above pivot support, if broken would induce a short position. For a full fledge bull breakout we need to see weak sectors breakout above SPX 3,050.

S&P 500 INDEX

SPX Bull/Bear Pivot Ahead of the Fed