Positive Correlation Between US Bond Yields and S&P500 Suggests Investors Do Not Expect Stagflation

The Big Risks For 2022 .... Large Debts, Less Liquidity and Growing Indexation?

US Monetary Policy Stays Ultra-Loose Amid 30-Year-High Inflation; 'Taper' a Misnomer

American Policy Risks Go Beyond Fed Monetary Tightening

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>Current rotational grind is part of our Dec 15-20 topping process after the SPX met our primary rally target at 4,735/47, bearish signal below the 4,712 inflection pivot.</li>
<li>DJI and NDX did not see new highs for a case of inter market bear divergence amid a very weak small caps showing. Breadth destruction is noteworthy/ugly.</li>
<li>Rising wedge structures are at real risk of breaking down in Q1 after a rotational grind terminates. Trendline/pattern support will see hard support breaks.</li>
</ul>


Current rotational grind is part of our Dec 15-20 topping process after the SPX met our primary rally target at 4,735/47, bearish signal below the 4,712 inflection pivot.
DJI and NDX did not see new highs for a case of inter market bear divergence amid a very weak small caps showing. Breadth destruction is noteworthy/ugly.
Rising wedge structures are at real risk of breaking down in Q1 after a rotational grind terminates. Trendline/pattern support will see hard support breaks.


Dow Jones Industrial Average (INDU INDEX)

S&P 500 INDEX

The Grinch Is in the House