Index Rebalance & ETF Flow Recap: SKT FOL, BHP Unification, China Tel, ASX200, HSI, HSCEI, HSTECH

JD.com (JD US): Solid Growth Flying Under the Radar

FTSE China 50 Index Rebalance Preview: Regulation, Volatility, 4 Changes, 10% Turnover

Gravity Works As WeWork Doesn't; Now Plan B

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

Hang Seng TECH Index / Technical Analysis

Hang Seng TECH Index (HSTECH INDEX EQUITY)

Hong Kong's tech index break below 6,900 was a major support breach with the next undershoot support at 5,500. 6,900 must be re taken to start a mending process. Sell pressure will exhaust on the next low.We are looking for a washout low in the HSI near 24,000 in September and will align with a new low in the tech index above 5,500 support.Macro hurdle: The 6,900 barrier is not likely to be cleared easily and the path ahead is fraught with policy headwinds.

Hong Kong's tech index break below 6,900 was a major support breach with the next undershoot support at 5,500. 6,900 must be re taken to start a mending process. Sell pressure will exhaust on the next low.We are looking for a washout low in the HSI near 24,000 in September and will align with a new low in the tech index above 5,500 support.Macro hurdle: The 6,900 barrier is not likely to be cleared easily and the path ahead is fraught with policy headwinds. 

Hang Seng TECH Index

HK Tech Index Bottom Target