Three Catalysts That Could Spark A "Rip Your Face Off" Rally

U.S. Indexes Form Bear Flag Patterns Within Downtrends; Opportunities Within Health Care

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 met the 4,000/20 summer rally target (long from 3,700) with a dip/rally sequence into early August to complete the topping process.</li>
<li>Transitioning from risk on to risk off while finessing the SPX 3,900 pivot support that will define market energy in early August and the macro risk tone.</li>
<li>NDX remains our favored short (aligned with SPX 4,000) and in early August. RTY long from 1,650 met our rally objective at 1,820+.</li>
</ul>


SPX met the 4,000/20 summer rally target (long from 3,700) with a dip/rally sequence into early August to complete the topping process.
Transitioning from risk on to risk off while finessing the SPX 3,900 pivot support that will define market energy in early August and the macro risk tone.
NDX remains our favored short (aligned with SPX 4,000) and in early August. RTY long from 1,650 met our rally objective at 1,820+.


S&P 500 INDEX

THE SPX Summer Top/Short Sequence