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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

<a href="https://www.smartkarma.com/entities/tencent-holdings-ltd" target="_blank" data-smartkarma-citation="entities:26:1" rel="noopener">Tencent Holdings (700 HK)  </a>shows an increasing bias to press below 510 pivot support after failing to clear key resistance at 564 outlined in our recent insight <a href="https://www.smartkarma.com/insights/tencent-bullish-flat-with-direction-break-points" target="_blank" data-smartkarma-citation="insights:41661" rel="noopener">Tencent Bullish Flat with Direction Break Points</a> .
Friday's plunge may very well be an over reaction and saw good bid support near the 500 handle that sets up a ST bounce trade. The higher conviction bet is to sell down or even short near 565 with a tight stop as the regional and global cycle work into a peak risk cycle and US chatter weighs on this crowded trade.
430 is the support in focus on a close below 510 and 475. 565 is the triple top level and key breakout point to work with.

Tencent Holdings (700 HK)  shows an increasing bias to press below 510 pivot support after failing to clear key resistance at 564 outlined in our recent insight Tencent Bullish Flat with Direction Break Points .
Friday's plunge may very well be an over reaction and saw good bid support near the 500 handle that sets up a ST bounce trade. The higher conviction bet is to sell down or even short near 565 with a tight stop as the regional and global cycle work into a peak risk cycle and US chatter weighs on this crowded trade.
430 is the support in focus on a close below 510 and 475. 565 is the triple top level and key breakout point to work with.

Tencent 510 Support Pivot Pressure Sets up a Fade Trade