QT Is Already Here And The 2022-23 Bear Market Is Now Well Underway

SPX 4,100 Barrier - Next Draw Down Sets up a Better Trade

Panic Selling Achieved, Now Waiting for Panic Buying; Major Indexes At/Near Support

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

<ul>
<li>SPX is due for a washout to a minor new low that sets up a May bounce as the RSI nears a buy level but a bounce to sell.</li>
<li>NDX and RTY have been our top shorts with the Russell already leading a new low breakdown with tech firmly in the underperform camp.</li>
<li>May 5th is the timeline where a tactical low is due to re take broken supports and will define the degree of a May bounce and level to re short.</li>
</ul>


SPX is due for a washout to a minor new low that sets up a May bounce as the RSI nears a buy level but a bounce to sell.
NDX and RTY have been our top shorts with the Russell already leading a new low breakdown with tech firmly in the underperform camp.
May 5th is the timeline where a tactical low is due to re take broken supports and will define the degree of a May bounce and level to re short.


S&P 500 INDEX

SPX May Bounce to Be Sold