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

Korea Stock Exchange KOSPI 200 / Technical Analysis

Korea Stock Exchange KOSPI 200 (KOSPI2 INDEX EQUITY)

<div>Asia lean was on the short side (STI, HSI, KLSE, SET, Japan and India banks). Short protection called for in Taiwan and Korea for a pullback cycle. USD rally risk will add to pressure now that the USD/KRW has cleared resistance (we are long from 1,080).</div><div></div><div>Long equity and short the USD is a crowded trade and we are poised for a shakeout in the next few weeks. We like selling equities on a bounce attempt and buying the USD on dips into early February but divergences suggest this may start to see a bigger unwind.</div>

Asia lean was on the short side (STI, HSI, KLSE, SET, Japan and India banks). Short protection called for in Taiwan and Korea for a pullback cycle. USD rally risk will add to pressure now that the USD/KRW has cleared resistance (we are long from 1,080).Long equity and short the USD is a crowded trade and we are poised for a shakeout in the next few weeks. We like selling equities on a bounce attempt and buying the USD on dips into early February but divergences suggest this may start to see a bigger unwind.

<p>As the USD moves into extreme oversold territory we are on the hunt for short hedges in Asia and present positioning on the short side into strength this week. Japan, Korea and Taiwan have been our core long group but nearing secondary resistance levels. Dip support targets outlined to trade a push high and then prepare for a mid to late January risk draw down that sets the stage a drive higher in February/March.</p>

As the USD moves into extreme oversold territory we are on the hunt for short hedges in Asia and present positioning on the short side into strength this week. Japan, Korea and Taiwan have been our core long group but nearing secondary resistance levels. Dip support targets outlined to trade a push high and then prepare for a mid to late January risk draw down that sets the stage a drive higher in February/March.

<p>SPX is meeting our 3,720 target within our micro peak in risk timeline on December 21 as markets face the reality of selling the stimulus deal fact. We do have an overshoot range toward the top of the rising wedge noted in the daily cycle chart with lower wedge support the pivot level. We have touted putting on short protection in Europe and weaker parts of Asia as well as top picking in the Russell 2000 (rising bear wedge).</p><p>Our sequence calls for a near term peak in risk, low in the USD inducing an equity pullback into late December (risk of snowballing) to set up a buy for a rise into late January where another risk event is expected.</p>

SPX is meeting our 3,720 target within our micro peak in risk timeline on December 21 as markets face the reality of selling the stimulus deal fact. We do have an overshoot range toward the top of the rising wedge noted in the daily cycle chart with lower wedge support the pivot level. We have touted putting on short protection in Europe and weaker parts of Asia as well as top picking in the Russell 2000 (rising bear wedge).Our sequence calls for a near term peak in risk, low in the USD inducing an equity pullback into late December (risk of snowballing) to set up a buy for a rise into late January where another risk event is expected.

<p>Korea, Taiwan, Japan and Australia all met our rally objectives and our long focus on weakness after key breakouts. Asia’s rally is extended amid lofty RSI readings for a pullback sequence to add to long exposure. Risk shift if SPX breaks 3,580 support.</p><p>We touted a cycle turn date in late November (today) for a quick and sharp correction into early December with odds of a harder pullback if the SPX breaks 3,580 pivot support.</p><p>Bear group to use on pullback sequences: Singapore, Malaysia and HSI. Using as our short vehicles on pullback cycles.</p>

Korea, Taiwan, Japan and Australia all met our rally objectives and our long focus on weakness after key breakouts. Asia’s rally is extended amid lofty RSI readings for a pullback sequence to add to long exposure. Risk shift if SPX breaks 3,580 support.We touted a cycle turn date in late November (today) for a quick and sharp correction into early December with odds of a harder pullback if the SPX breaks 3,580 pivot support.Bear group to use on pullback sequences: Singapore, Malaysia and HSI. Using as our short vehicles on pullback cycles.

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

<p>Positive COVID vaccine news has since led to bullish inflections in a staggering number of countries, ACWI-US included. Our current outlook is bullish. Buy dips. In this report we outline key technical levels across markets and highlight actionable ideas within our Financials &amp; Energy Sectors.</p>

Positive COVID vaccine news has since led to bullish inflections in a staggering number of countries, ACWI-US included. Our current outlook is bullish. Buy dips. In this report we outline key technical levels across markets and highlight actionable ideas within our Financials &amp; Energy Sectors.

Singapore

The Straits Times Index (STI), maintained & calculated by FTSE, is the most globally-recognised benchmark index and market barometer for Singapore. Dating back to 1966, it tracks the performance of the top 30 largest and most liquid companies listed on the Singapore Exchange. *Ticker changed from FSSTI on 10/9/2015. **Also revamped on January 10, 2008, for prices prior to that see STIOLD Index.

FTSE Straits Times Index (STI) (STI INDEX)

FTSE Straits Times Index (STI) (STI INDEX)

Asia Pullback Protection with USD Risk

Long equity and short the USD is a crowded trade and we are poised for a shakeout in the next few weeks. We like selling equities on a bounce...

Thomas Schroeder

Asia Long and Short 2021 Kick Off

As the USD moves into oversold territory we are on the hunt for short hedges in Asia and present short positions into strength this week. Core Asia...

Thomas Schroeder

Risk of a Pullback Snowballing

SPX is meeting our 3,720 target within our micro peak in risk timeline on December 21 as markets face the reality of selling the stimulus deal...

Thomas Schroeder

Best Short Hedges in Asia

Korea, Taiwan, Japan and Australia all met primary rally objectives. Asia’s rally is extended with a cycle turn date today for a quick and sharp...

Thomas Schroeder

Bullish Inflections Around The World

In this report we outline key technical levels across markets and highlight actionable ideas within our Financials & Energy Sectors.

Vermilion Research