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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

Tencent met the 410-20 congestion buy support outlined on our July 26 insight and expected to see a downside retest in September. Pivot resistance now rests at 510.Sell volumes picked up in recent weeks and if a rise lacks buy volume support it is suspect.Reaction upside gap moves in HK tech are likely to run out of steam today with a backfill needed. Most tech reacted higher on the ARKK/JD news. Keep in mind HK tech is now more of a value play given policy risk.Near pivot levels at 492 and 440.Any break below 410 would be a big negative thus our sub 400 stop.

Tencent met the 410-20 congestion buy support outlined on our July 26 insight and expected to see a downside retest in September. Pivot resistance now rests at 510.Sell volumes picked up in recent weeks and if a rise lacks buy volume support it is suspect.Reaction upside gap moves in HK tech are likely to run out of steam today with a backfill needed. Most tech reacted higher on the ARKK/JD news. Keep in mind HK tech is now more of a value play given policy risk.Near pivot levels at 492 and 440.Any break below 410 would be a big negative thus our sub 400 stop.

Tencent

Tencent Long Entry Met - Support Re Test