Where to Prepare for the 'Gain' in Equities

US Economy Robust Despite Surging Covid Toll; Biden Cabinet Looks China-Positive

Election Cliffhanger Brings Near-Term Nightmare; but a Curtailed Left Helps Biden

Biden Vs Trump: How Best to Play the Impact on Taiwan and China

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

Dow Jones Industrial Average / Technical Analysis

Dow Jones Industrial Average (INDU INDEX)

We have a call to sell risk at the top of the SPX wedge near 3,860 for a pullback and see the DJI as the weakest link that would break support and spearhead an SPX pullback. USD is geared for follow through strength concentrated in EM, Asia and the Euro.Bet was to short the DJI above 31k (met) as the weaker link and Underperform vs the SPX. The next bet to short was the Russell near 2,190 (met) for a test on the 2,000 pivot support.SPX near pivot lies at 3,815 and the bigger wedge and pattern pivot level at 3,750 that would usher in a correction.

We have a call to sell risk at the top of the SPX wedge near 3,860 for a pullback and see the DJI as the weakest link that would break support and spearhead an SPX pullback. USD is geared for follow through strength concentrated in EM, Asia and the Euro.Bet was to short the DJI above 31k (met) as the weaker link and Underperform vs the SPX. The next bet to short was the Russell near 2,190 (met) for a test on the 2,000 pivot support.SPX near pivot lies at 3,815 and the bigger wedge and pattern pivot level at 3,750 that would usher in a correction.

Dow Jones Industrial Average

Lead Trigger for a US Correction