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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

Our SPX pullback view from 4,500+ (reduced long exposure) is meeting our 4,400 pullback objective where we expected a tactical rally if this level holds. We are seeing more ominous pressure points build after a bounce attempt.DJI and RTY have been our short plays from early September highs. Plan to hold these shorts as we try the long side at SPX 4,400 +/-. USD add call on September 3 (we called to buy the USD on dips) reaching for the DXY 94 PT.Trendline and price pivot support critical to hold early this week. A break would call to press on our short group in Europe and Asia.Bear divergence and MACD break of support stands out as a key risk- off concern.AAII bear sentiment and sell volumes spiked on Friday (futures expiry is a likely culprit of noise).US 10yr yield breakout above 1.37% targets 1.50%.Not only is market breadth and divergence a problem spot but the US faces government debt ceiling jitters, workforce vaccine backlash and a bond yield push above 1.37% (inflation concerns resurface) that could add to or be a catalyst to the weak technical posture.A key inflection point is at hand.

Our SPX pullback view from 4,500+ (reduced long exposure) is meeting our 4,400 pullback objective where we expected a tactical rally if this level holds. We are seeing more ominous pressure points build after a bounce attempt.DJI and RTY have been our short plays from early September highs. Plan to hold these shorts as we try the long side at SPX 4,400 +/-. USD add call on September 3 (we called to buy the USD on dips) reaching for the DXY 94 PT.Trendline and price pivot support critical to hold early this week. A break would call to press on our short group in Europe and Asia.Bear divergence and MACD break of support stands out as a key risk- off concern.AAII bear sentiment and sell volumes spiked on Friday (futures expiry is a likely culprit of noise).US 10yr yield breakout above 1.37% targets 1.50%.Not only is market breadth and divergence a problem spot but the US faces government debt ceiling jitters, workforce vaccine backlash and a bond yield push above 1.37% (inflation concerns resurface) that could add to or be a catalyst to the weak technical posture.A key inflection point is at hand.

S&P 500 INDEX

SPX 4,400 Big Pivot for Global Risk