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)

<p>Following up on our short rotation into Korea and Taiwan. Kospi 200 broke the 425 support in an aggressive nature after the USD/KRW broke out above 1,152.</p><p>Korea short from 435-44 zone (437 entry) saw an impulsive break below 425 pivot support. SEC also broke below 79k major support on August 11.</p><p>Taiwan is prone to follow as flows taper into tech given NDX fade/bend risk on higher yields. Taiwan high degree bear divergence warns of a downside surprise in late August/September.</p>

Following up on our short rotation into Korea and Taiwan. Kospi 200 broke the 425 support in an aggressive nature after the USD/KRW broke out above 1,152.Korea short from 435-44 zone (437 entry) saw an impulsive break below 425 pivot support. SEC also broke below 79k major support on August 11.Taiwan is prone to follow as flows taper into tech given NDX fade/bend risk on higher yields. Taiwan high degree bear divergence warns of a downside surprise in late August/September.

Korea Support Break with Taiwan to Follow

Founder & Chief Market Strategist - SAV Markets, SAV Markets

Shyam Devani

Founder & Chief Market Strategist - SAV Markets

Korea Stock Exchange Kospi Index / Technical Analysis

Korea Stock Exchange Kospi Index (KOSPI INDEX)

<p>The Kospi Index has fallen back to key levels that must again be watched closely.</p><p>The rise in both <a href="https://www.smartkarma.com/entities/krw" target="_blank" data-smartkarma-citation="entities:22828:1" rel="noopener">KRW (USDKRW CURNCY)</a> and JPYKRW are early warning signs that there could be trouble ahead.</p><p>A break below 3,252 would be an initial bearish sign while a close below 3,220 would confirm that there is likely to be notable danger ahead.</p>

The Kospi Index has fallen back to key levels that must again be watched closely.The rise in both KRW (USDKRW CURNCY) and JPYKRW are early warning signs that there could be trouble ahead.A break below 3,252 would be an initial bearish sign while a close below 3,220 would confirm that there is likely to be notable danger ahead.

<div>DXY – Call for a DXY ST top near 93/92.70 to lock in some gains and work into select USD shorts for a pullback to 91.50 with risk to 91, to add back to USD longs and resume the rise targeting 94.</div><div></div><div>Timing risk: Pullback sequence should take the form of an elevated choppy pullback.</div><div></div><div>Next phase of the USD rise needs the 10yr to bottom near 1.37% support and start a fresh up cycle in yields.</div>

DXY – Call for a DXY ST top near 93/92.70 to lock in some gains and work into select USD shorts for a pullback to 91.50 with risk to 91, to add back to USD longs and resume the rise targeting 94.Timing risk: Pullback sequence should take the form of an elevated choppy pullback.Next phase of the USD rise needs the 10yr to bottom near 1.37% support and start a fresh up cycle in yields.

Cross Asset Strategy

<p>While the Kospi Index is only marginally below the trend highs, the developments on JPYKRW warn of something more serious ahead. A breach of <strong>10.43 on JPYKRW</strong> and <strong>3,205 on the Kospi Index</strong>, if and when both seen, would be important developments.</p>

While the Kospi Index is only marginally below the trend highs, the developments on JPYKRW warn of something more serious ahead. A breach of 10.43 on JPYKRW and 3,205 on the Kospi Index, if and when both seen, would be important developments.

Kospi Index - Emerging Concerns Beneath the Surface

<p>USD shows lead lows versus IDR, THB and INR that are trending higher already ahead of the likes of the SGD and KRW. USD/ZAR is making a macro low near 14 that has our attention and will see the EM complex follow this lead.</p><p>DXY staged an impressive reversal Friday off of the 90.40 buy support (trendline and price) but our attention is centered around more bullish macro signals unfolding in the weekly cycle.</p><p>A dollar low align nicely with our call for an SPX top near wedge line resistance. Short have been recommended in EEM and EWZ on the back of a USD low and rally cycle.</p>

USD shows lead lows versus IDR, THB and INR that are trending higher already ahead of the likes of the SGD and KRW. USD/ZAR is making a macro low near 14 that has our attention and will see the EM complex follow this lead.DXY staged an impressive reversal Friday off of the 90.40 buy support (trendline and price) but our attention is centered around more bullish macro signals unfolding in the weekly cycle.A dollar low align nicely with our call for an SPX top near wedge line resistance. Short have been recommended in EEM and EWZ on the back of a USD low and rally cycle.

South Korea

The South Korean won is the official currency of The Republic of Korea (South Korea). 

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KRW (USDKRW CURNCY)

Korea Support Break with Taiwan to Follow

Following up on our short rotation into Korea and Taiwan. Kospi 200 broke the 425 support in an aggressive nature after the USD/KRW broke out above...

Thomas Schroeder

Kospi Index Retesting the Pivot Area

The Kospi Index has pulled back to important levels again and is looking vulnerable. What happens here is likely to be important

Shyam Devani

USD Long Trim with Fresh Buy Levels

DXY – Call for a DXY ST top near 93/92.70 to lock in some gains and work into select USD shorts for a pullback to 91.50 with risk to 91, to add...

Thomas Schroeder

Kospi Index - Emerging Concerns Beneath the Surface

Is the FX market giving more potent signs for South Korea? A breach of 10.43 on JPYKRW and 3,205 on the Kospi Index, if and when both seen, would...

Shyam Devani

USD Low Ties in with Risk Peak

DXY staged an impressive reversal Friday off of the 90.40 buy support (trendline and price) but our attention is centered around more bullish macro...

Thomas Schroeder

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)