US Tech:  Record Allocations, Record Underweights.  Value Becoming Harder to Find

U.S. Equity Strategy: Index Supports Breaking; Upgrading and Buying Utilities

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>Call for a capitulation SPX low near January 24/25 to set in motion a reaction rise in February. Risk of a final downside re test does exist in early Feb.</li>
<li>RSI key lows are compelling for a more bullish drive into early March. Wide range swings typically set up cycle troughs.</li>
<li>DJI displays the best base support with relative strength while the NDX faces yield headwinds and stall bull overhead sell pressure. <strong>US Macro is bearish in Q2.</strong>
</li>
</ul>


Call for a capitulation SPX low near January 24/25 to set in motion a reaction rise in February. Risk of a final downside re test does exist in early Feb.
RSI key lows are compelling for a more bullish drive into early March. Wide range swings typically set up cycle troughs.
DJI displays the best base support with relative strength while the NDX faces yield headwinds and stall bull overhead sell pressure. US Macro is bearish in Q2.



Dow Jones Industrial Average (INDU INDEX)

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

S&P 500 INDEX

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