Asia - Where to Layer Out of Shorts and into Longs into Late March Cycle Low

SPX Bounce into Next Week and Fresh Sell Levels

Long and Short Plays in Asia with SPX Bear Pressure into March

Covid-19/Economic Impact/Robots/Wildlife/US-China

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/s-p-500" target="_blank" rel="noopener" data-smartkarma-citation="entities:22886:1">S&amp;P 500 (SPX INDEX)</a> did see the bounce outlined on March 2 to reach for 3,070 with a fresh short level up to 3,100. In that insight we outlined odds of breaking 2,860 and reaching for 2,780. We now see more ominous signals as charts below outline (horrible breadth, small cap support breach and the fact that tech has yet to buckle and is the last holdout).Our cycle work calls for an SPX low Monday/Tuesday near 2,780 which represents weekly trendline support with a timid bounce due with resistance near 2,940.We outline our bounce target for later this week and fresh sell zone for the decline into our late March capitulation cycle that sets up an excellent buying opportunity for a rise into the summer.

S&amp;P 500 (SPX INDEX) did see the bounce outlined on March 2 to reach for 3,070 with a fresh short level up to 3,100. In that insight we outlined odds of breaking 2,860 and reaching for 2,780. We now see more ominous signals as charts below outline (horrible breadth, small cap support breach and the fact that tech has yet to buckle and is the last holdout).Our cycle work calls for an SPX low Monday/Tuesday near 2,780 which represents weekly trendline support with a timid bounce due with resistance near 2,940.We outline our bounce target for later this week and fresh sell zone for the decline into our late March capitulation cycle that sets up an excellent buying opportunity for a rise into the summer. 

SPXは新たな安値を探る - 今週初めに安値を付け、その後反発して再び下落

S&P 500 INDEX

SPXは新たな安値を探る - 今週初めに安値を付け、その後反発して再び下落