Lawson Fading Rally Momentum and Pivot Support

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

<p>Lawson has been making headway after meeting our buy objective at 7,500 (actual low was 7,480); this zone was touted to work into longs for a rise toward our first tactical target at 8,320/400 which we are now at. We would have preferred better momentum on the back of the wedge breakout above 8,000 but we may get a fuel injection from the weekly MACD cycle in coming weeks.</p><p>Above 8,320/400 we need to clear 8,700, representing more difficult tactical barrier as the RSI completes the rising wedge…</p>

Lawson has been making headway after meeting our buy objective at 7,500 (actual low was 7,480); this zone was touted to work into longs for a rise toward our first tactical target at 8,320/400 which we are now at. We would have preferred better momentum on the back of the wedge breakout above 8,000 but we may get a fuel injection from the weekly MACD cycle in coming weeks.Above 8,320/400 we need to clear 8,700, representing more difficult tactical barrier as the RSI completes the rising wedge…

Lawson Inc

로슨 라이즈 오프 베이스