US Economy Enters H2 Robustly, but Fed's Outlook Being Increasingly Questioned by Bond Investors

U.S. Equity Strategy: Cautious Overall; Favor Large-Caps & Growth; Key Supports Holding In The U.S.

US Equities: Another Quick Pullback Before Higher?

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

Well defined flat range breakout points in the SPX and DJI call for an exhaustive push to register a minor new SPX high before the next pullback cycle. Trendline support at 4,370 is the risk inflection support.SPX daily RSI has room to push to the 70 sell zone that sets up a top. The intraday chart pattern shows breakout points at 4,370 and 4,420. Flat ranges typically break to the upside.SPX rise toward 4,430-50 at the top end of the range where risk to reward turns less favorable in August when seasonality bends to bearish.

Well defined flat range breakout points in the SPX and DJI call for an exhaustive push to register a minor new SPX high before the next pullback cycle. Trendline support at 4,370 is the risk inflection support.SPX daily RSI has room to push to the 70 sell zone that sets up a top. The intraday chart pattern shows breakout points at 4,370 and 4,420. Flat ranges typically break to the upside.SPX rise toward 4,430-50 at the top end of the range where risk to reward turns less favorable in August when seasonality bends to bearish.

Dow Jones Industrial Average (INDU INDEX)

SPX Flat Range Push and Risk Break Points

S&P 500 INDEX

SPX Flat Range Push and Risk Break Points