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

FTSE China A50 Index / Technical Analysis

<ul>
<li>A50 faces key trendline sell/pivot resistance that will cap the rise with HSI nudging back to sell territory with fresh chart lows expected.</li>
<li>A50 trendline resistance is the bull/bear inflection point. We look for a sell or rejection near 13,700 if not just under this level for  a test on the 12,400.</li>
<li>HSI 21k sell barrier while watching for HK tech rise to run out of steam near 4,500 resistance.</li>
</ul>


A50 faces key trendline sell/pivot resistance that will cap the rise with HSI nudging back to sell territory with fresh chart lows expected.
A50 trendline resistance is the bull/bear inflection point. We look for a sell or rejection near 13,700 if not just under this level for  a test on the 12,400.
HSI 21k sell barrier while watching for HK tech rise to run out of steam near 4,500 resistance.


<ul>
<li>A share bull wedge stands out after meeting the 15k downside target. H shares bullish near lower wedge support.</li>
<li>The cut in key lending rates is spurring a push in HK/China, one needs to make sure this is not just another flash in the pan given a weak SPX.</li>
<li>HSI impulse out of bull flag cleared wedge resistance and needs resolution. On watch to close higher level shorts.</li>
</ul>


A share bull wedge stands out after meeting the 15k downside target. H shares bullish near lower wedge support.
The cut in key lending rates is spurring a push in HK/China, one needs to make sure this is not just another flash in the pan given a weak SPX.
HSI impulse out of bull flag cleared wedge resistance and needs resolution. On watch to close higher level shorts.


China/HK Breakout Points Need Follow Through

<ul>
<li>We have touted a short strategy at the A50 16,500 pivotal barrier and monitoring market reaction to easing prospects in early 2022. Today's rejection underscores growth vs stimulus struggle.</li>
<li>RSI is in the topping/sell zone with some final touches needed. Today's rejection needs to be reversed.</li>
<li>Fresh range from 15,900 support to 17,000 resistance in December. Next 1-2 sessions under scrutiny at the key 16,500/700 macro pivot barrier.</li>
</ul>


We have touted a short strategy at the A50 16,500 pivotal barrier and monitoring market reaction to easing prospects in early 2022. Today's rejection underscores growth vs stimulus struggle.
RSI is in the topping/sell zone with some final touches needed. Today's rejection needs to be reversed.
Fresh range from 15,900 support to 17,000 resistance in December. Next 1-2 sessions under scrutiny at the key 16,500/700 macro pivot barrier.


Is China Easing Enough? A50 16,500 Inflection Barrier

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Index Rebalance

China Yangtze Power Co, Ltd. / Index Rebalance

<ul>
<li>There are 5 changes to the <a href="https://www.smartkarma.com/entities/shanghai-stock-exchange-sse-50-a-share-index" target="_blank" data-smartkarma-citation="entities:31073:1" rel="noopener">SSE50 Index (SSE50 INDEX)</a> as a part of the December rebalance. One-way turnover is 6% and the one-way trade is CNY 3.3bn.</li>
<li>There is same way flow on <a href="https://www.smartkarma.com/entities/zhangzhou-pientzehuang-pharmaceutical-co-ltd" target="_blank" data-smartkarma-citation="entities:15709:1" rel="noopener">Zhangzhou Pientzehuang Pharmaceutical Co., Ltd. (600436 CH)</a>, <a href="https://www.smartkarma.com/entities/china-telecom-corp-ltd" target="_blank" data-smartkarma-citation="entities:34045:1" rel="noopener">China Telecom (601728 CH)</a> and <a href="https://www.smartkarma.com/entities/sanan-optoelectronics-co-ltd" target="_blank" data-smartkarma-citation="entities:4436:1" rel="noopener">Sanan Optoelectronics Co (600703 CH)</a> around the time of the SSE50 inclusion.</li>
<li>With active futures contracts traded on the CFFEX, there will be cash and carry positions and the rebalancing could add to the impact on the inclusions and exclusions.</li>
</ul>


There are 5 changes to the SSE50 Index (SSE50 INDEX) as a part of the December rebalance. One-way turnover is 6% and the one-way trade is CNY 3.3bn.
There is same way flow on Zhangzhou Pientzehuang Pharmaceutical Co., Ltd. (600436 CH), China Telecom (601728 CH) and Sanan Optoelectronics Co (600703 CH) around the time of the SSE50 inclusion.
With active futures contracts traded on the CFFEX, there will be cash and carry positions and the rebalancing could add to the impact on the inclusions and exclusions.


SSE50 Index Rebalance: 5 Changes and Same Way Index Flow

Founder & Chief Market Strategist - SAV Markets, SAV Markets

Shyam Devani

Founder & Chief Market Strategist - SAV Markets

There has been a tendency to over-exaggerate bad news from China. This has been going on for a long time (years). Over the past three months there has been plenty of concerning news from crackdowns on Tech companies to changes in the education sector and developments in real estate.Despite all this bad news, the FTSE A50 Index has not moved lower since the end of July. Instead, the A50 Index is now beginning to bounce back, taking out decent levels and posting an important weekly close on Friday. Even the more troubled Hang Seng posted a bullish reversal week. If anything, this price action is more impressive in the face of a generally strong Renminbi.Once again it looks as though sentiment has been too stretched in China. Is the bad news already in the price? These charts suggest the answer to that, at least in the near term, is yes.

There has been a tendency to over-exaggerate bad news from China. This has been going on for a long time (years). Over the past three months there has been plenty of concerning news from crackdowns on Tech companies to changes in the education sector and developments in real estate.Despite all this bad news, the FTSE A50 Index has not moved lower since the end of July. Instead, the A50 Index is now beginning to bounce back, taking out decent levels and posting an important weekly close on Friday. Even the more troubled Hang Seng posted a bullish reversal week. If anything, this price action is more impressive in the face of a generally strong Renminbi.Once again it looks as though sentiment has been too stretched in China. Is the bad news already in the price? These charts suggest the answer to that, at least in the near term, is yes.

China

The FTSE China A50 Index includes the largest 50 A Share Chinese companies by total market cap. 

FTSE China A50 Index (XIN9I INDEX)

China A and HSI Re Short Levels

A50 faces key trendline sell/pivot resistance that will cap the rise with HSI nudging back to sell territory with fresh chart lows expected.

Thomas Schroeder

China/HK Breakout Points Need Follow Through

A share bull wedge stands out after meeting the 15k downside target. H shares bullish near lower wedge support. SPX weaker backdrop the risk over...

Thomas Schroeder

Is China Easing Enough? A50 16,500 Inflection Barrier

We have touted a short strategy at the A50 16,500 pivotal barrier and monitoring market reaction to easing prospects in early 2022. Today's...

Thomas Schroeder

SSE50 Index Rebalance: 5 Changes and Same Way Index Flow

There are 5 changes to the SSE50 Index at the Dec rebalance and there are stocks that have over 1.5 days of ADV to trade. With CFFEX traded futures...

Brian Freitas

China’s Rebound

China's indices from, the FSTE China A50 to the Hang Seng and Shanghai Composite, are all beginning to show signs of strength again

Shyam Devani