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

WTI is vulnerable to a fade sequence after a sharp rise of  near 40%. WTI shows resistance at 28 and support at dual lows at 20. Bigger congestive support was not met at 18.60 from major lows back in the early 1990's.
Today we expect oil to gap lower on the OPEC+ delayed meeting but looking at support near 22 as the level to buy WTI and probe energy sectors for a tactical long play. WTI still faces demand problems and price volatility in what should unfold as a basing process.
Macro support lies at 16.80 going back to key lows in the 1990's.
RSI has broken resistance which is constructive post pullback as the RSI needs to test the break point for confirmation and is labeled backswing support.

WTI is vulnerable to a fade sequence after a sharp rise of  near 40%. WTI shows resistance at 28 and support at dual lows at 20. Bigger congestive support was not met at 18.60 from major lows back in the early 1990's.
Today we expect oil to gap lower on the OPEC+ delayed meeting but looking at support near 22 as the level to buy WTI and probe energy sectors for a tactical long play. WTI still faces demand problems and price volatility in what should unfold as a basing process.
Macro support lies at 16.80 going back to key lows in the 1990's.
RSI has broken resistance which is constructive post pullback as the RSI needs to test the break point for confirmation and is labeled backswing support.

Crude Oil

WTI Fade Trade and Fresh Long Level