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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

Nasdaq-100 Stock Index / Technical Analysis

<a href="https://www.smartkarma.com/entities/nasdaq-100-stock-index" target="_blank" data-smartkarma-citation="entities:26197:1" rel="noopener">Nasdaq-100 Stock Index (NDX INDEX)</a> overshot our upside target and we put out a strong warning with the RSI at 80+ with risk of a sharp downturn and shakeout in a very crowded space as breadth continued to narrow. Near term supports noted with reaction resistance level to add to short protection. Our primary short is the Russell 2000 and expanded into the SPX for protection below 3,530. NDX is prone to a sharp reaction where we are looking to put on short protection. RSI's did make a hard turn lower, and after the initial jolt down the US tends to stage a sharp reaction rise and then we turn south again. The aggressive move would be to trade a bounce in the NDX to 12k and measure hedge shorts to work into. NDX is a crowded trade and can unravel quickly.Given we are in the seasonally charged September/October period, there is increasing evidence this is the beginning of a bigger correction. We need a recovery attempt to fade for confirmation.We are well positioned on the short side in Europe and Asia given the cycle was turned well ahead of the US cycle per our risk domino thesis.

Nasdaq-100 Stock Index (NDX INDEX) overshot our upside target and we put out a strong warning with the RSI at 80+ with risk of a sharp downturn and shakeout in a very crowded space as breadth continued to narrow. Near term supports noted with reaction resistance level to add to short protection. Our primary short is the Russell 2000 and expanded into the SPX for protection below 3,530. NDX is prone to a sharp reaction where we are looking to put on short protection. RSI's did make a hard turn lower, and after the initial jolt down the US tends to stage a sharp reaction rise and then we turn south again. The aggressive move would be to trade a bounce in the NDX to 12k and measure hedge shorts to work into. NDX is a crowded trade and can unravel quickly.Given we are in the seasonally charged September/October period, there is increasing evidence this is the beginning of a bigger correction. We need a recovery attempt to fade for confirmation.We are well positioned on the short side in Europe and Asia given the cycle was turned well ahead of the US cycle per our risk domino thesis.

Dow Jones Industrial Average (INDU INDEX)

US Cycle Crack and Fresh Short/Hedge Levels