Characteristics of the Best Short Candidates

Bear Market Rally With Potential for More; Buy Ideas in Shipping, Land Drilling, Refining, Chemicals

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

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>Call for early July low for a choppy rise into mid July+. Expect a series of sharp draw downs and rallies. Asia and Europe display a more bearish tone.</li>
<li>Deep backfills within the SPX range are a concern. 3,750/00 buy support with 3,900 and 4,000 rally objectives.</li>
<li>Risk of a muted C wave rise that fizzles near 3,950 on the back of recession/growth concerns is becoming more apparent.</li>
</ul>


Call for early July low for a choppy rise into mid July+. Expect a series of sharp draw downs and rallies. Asia and Europe display a more bearish tone.
Deep backfills within the SPX range are a concern. 3,750/00 buy support with 3,900 and 4,000 rally objectives.
Risk of a muted C wave rise that fizzles near 3,950 on the back of recession/growth concerns is becoming more apparent.


S&P 500 INDEX

SPX July Rally Hurdles