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/wharf-holdings-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:51:1">Wharf Holdings (4 HK)</a> has formed a compelling bull wedge that has a 70% probability of breaking higher to test a tough resistance zone. Bull wedge patterns form when the medium term and short term cycles conflict and energy builds for a breakout.Buy volumes have been poor and would need to improve on a breakout above wedge resistance to have any chance for a serious test on the 17 intermediate pivot barrier.Pattern support lies at 13.40 and breakout resistance at 14.50. Above 14.50 targets 16.50 with 17 the formidable barrier to clear/reject that will dictate the macro trend.The macro picture denotes a more bullish and compelling macro thesis/set up due largely to the triple lows in the weekly RSI and weekly MACD. Non confirmation of new price lows since 2018 shows an incredibly bullish undertone that would kick into gear once the 17 barrier is cleared.

Wharf Holdings (4 HK) has formed a compelling bull wedge that has a 70% probability of breaking higher to test a tough resistance zone. Bull wedge patterns form when the medium term and short term cycles conflict and energy builds for a breakout.Buy volumes have been poor and would need to improve on a breakout above wedge resistance to have any chance for a serious test on the 17 intermediate pivot barrier.Pattern support lies at 13.40 and breakout resistance at 14.50. Above 14.50 targets 16.50 with 17 the formidable barrier to clear/reject that will dictate the macro trend.The macro picture denotes a more bullish and compelling macro thesis/set up due largely to the triple lows in the weekly RSI and weekly MACD. Non confirmation of new price lows since 2018 shows an incredibly bullish undertone that would kick into gear once the 17 barrier is cleared.

Wharf Long to Test Macro Trend Inflection Barrier