US Capitulation Low in Place with Re Test Risk near Feb 4-6

Not Out Of The Woods; SPX Back Above The 200-Day MA; Growth Catching A Bid; Buying Energy, Biotech

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>Touted buying risk on the Jan 24/25 lows and re loading near the Feb 4/6 expected secondary cycle low for a rise into Feb 16th if not month end.</li>
<li>SPX 4,600 resistance call to induce a pullback with 4,440 buy support (buy the Feb 4/6 dip) for a test on 4,600/30. </li>
<li>SPX meeting 4,600 so quickly does favor a bigger risk on push into late Feb. NDX rise will be used to build a higher conviction short near 15,500.</li>
</ul>


Touted buying risk on the Jan 24/25 lows and re loading near the Feb 4/6 expected secondary cycle low for a rise into Feb 16th if not month end.
SPX 4,600 resistance call to induce a pullback with 4,440 buy support (buy the Feb 4/6 dip) for a test on 4,600/30. 
SPX meeting 4,600 so quickly does favor a bigger risk on push into late Feb. NDX rise will be used to build a higher conviction short near 15,500.


S&P 500 INDEX

SPX Secondary Low and Feb Rally Hurdle