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

UnionBank of the Philippines / Technical Analysis

<a href="https://www.smartkarma.com/entities/union-bank-of-the-philippines" target="_blank" rel="noopener" data-smartkarma-citation="entities:23192:1">Union Bank Of The Philippines (UBP PM)</a> is making a stand at intermediate price and pattern support near the 56 level with a risk point at 55 representing inflection support that will define a recovery cycle. Below 55 would be negative if the current bull wedge fails to take hold.The spike higher is attempting to breakout from the descending bull wedge with the initial hurdle at 64 which would open the way to a price target at 69. Above 69 would clear the way to challenge retracement resistance near 74.Buy volumes lack a turnaround signal and must improve on upside from the recent spike low near 56.55 represents the make or break intermediate support level.

Union Bank Of The Philippines (UBP PM) is making a stand at intermediate price and pattern support near the 56 level with a risk point at 55 representing inflection support that will define a recovery cycle. Below 55 would be negative if the current bull wedge fails to take hold.The spike higher is attempting to breakout from the descending bull wedge with the initial hurdle at 64 which would open the way to a price target at 69. Above 69 would clear the way to challenge retracement resistance near 74.Buy volumes lack a turnaround signal and must improve on upside from the recent spike low near 56.55 represents the make or break intermediate support level.

Union Bank of the Philippines Base Line Support and Trend Inflection