Drug-Fuelled Marriages and Macho Shachos* in Japan

Smartkarma’s Week that Was in JP/​​​​​​​​KR: Nexon, Subaru, Segyung Hitech and Samsung Electronics

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/sugi-holdings-co-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:9255:1">Sugi Holdings (7649 JP)</a> exhibits an increasing bias to press on and break 5,000-100 support that will act as the bull/bear line in the sand for the intermediate cycle. Holding this support will allow for a tactical bounce attempt that would simply buy time barring a bull event.Trendline and price support coincide at 5,000-100 and once broken would induce a test on 4,700 price and 61.8% retracement support. Below 4,700 would reach for a new chart low. Macro cycle needs some basing confirmation near the recent low or a minor new low as the weekly MACD turns down from outlined resistance. It is this basing cycle that we see a macro opportunity with a longer term bull projection above the 6,800 dual highs with well defined hurdles on the way upward that will help identify breakouts and momentum points.

Sugi Holdings (7649 JP) exhibits an increasing bias to press on and break 5,000-100 support that will act as the bull/bear line in the sand for the intermediate cycle. Holding this support will allow for a tactical bounce attempt that would simply buy time barring a bull event.Trendline and price support coincide at 5,000-100 and once broken would induce a test on 4,700 price and 61.8% retracement support. Below 4,700 would reach for a new chart low. Macro cycle needs some basing confirmation near the recent low or a minor new low as the weekly MACD turns down from outlined resistance. It is this basing cycle that we see a macro opportunity with a longer term bull projection above the 6,800 dual highs with well defined hurdles on the way upward that will help identify breakouts and momentum points.

Sugi Holding Bull/Bear Pivot, Macro Buy Zone and Rally Projections