U.S. Equity Strategy: Risk Appetites Improving; Watching Financials, Copper, US Dollar

Gravity Works As WeWork Doesn't; Now Plan B

Bifurcated Chinese Express Market Developing

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 base case called for buying risk (SPX and NDX) in mid October for a drive to new highs in November. SPX stall is due near the September high setting up a pullback to buy.Near term high zone rests at 4,540 with a throw over projection at 4,554 that is expected to mark a top to induce a pullback.Pullback is expected to be of a similar amplitude to that seen from October 7-13th.Call is to add to SPX long/risk overall on a dip for new highs in November and then will re calibrate overbought readings.

Our base case called for buying risk (SPX and NDX) in mid October for a drive to new highs in November. SPX stall is due near the September high setting up a pullback to buy.Near term high zone rests at 4,540 with a throw over projection at 4,554 that is expected to mark a top to induce a pullback.Pullback is expected to be of a similar amplitude to that seen from October 7-13th.Call is to add to SPX long/risk overall on a dip for new highs in November and then will re calibrate overbought readings.

SPX Rally Stall - Buy Weakness for November New Highs

S&P 500 INDEX

SPX Rally Stall - Buy Weakness for November New Highs