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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

<a href="https://www.smartkarma.com/entities/nikkei-225" target="_blank" data-smartkarma-citation="entities:22909:1" rel="noopener">Nikkei 225 (NKY INDEX)</a> remains on the backfoot with lower highs and lower lows in line with our short tranches that began at 30,100, 29,300 and more recently at 28,800 resistance. Our washout target remains at 27,000 with lower wedge support the ideal buy zone near 26,300 but would take an SPX wobble in August to achieve.The ongoing bull wedge is due to mature.A minor new index low and a non confirmation in the MACD (no new low) would form bull divergence and the setup for a fresh macro rally phase.Macro favors buying new lows in coming weeks.

Nikkei 225 (NKY INDEX) remains on the backfoot with lower highs and lower lows in line with our short tranches that began at 30,100, 29,300 and more recently at 28,800 resistance. Our washout target remains at 27,000 with lower wedge support the ideal buy zone near 26,300 but would take an SPX wobble in August to achieve.The ongoing bull wedge is due to mature.A minor new index low and a non confirmation in the MACD (no new low) would form bull divergence and the setup for a fresh macro rally phase.Macro favors buying new lows in coming weeks.

Nikkei 225

Nikkei Short Update/Macro Long Entry