Jiming Huang / Profil

US stocks are poised to retreat after the opening bell, as futures on the three benchmark indexes are declining slightly during the European morning on Monday. Last week, the three indices ended at record highs on the back of stimulus talks...

In the commodity market, oil prices are declining on Monday as the number of COVID cases continues to surge globally and in the US, which is the world’s biggest oil consumer. WTI is down over 0.40%, and Brent has declined by over 0.30...

Pivot (invalidation): 45.60 Our preference Long positions above 45.60 with targets at 46.65 & 47.05 in extension. Alternative scenario Below 45.60 look for further downside with 45.05 & 44.65 as targets...

Pivot (invalidation): 24.4000 Our preference Short positions below 24.4000 with targets at 23.7200 & 23.5300 in extension. Alternative scenario Above 24.4000 look for further upside with 24.6200 & 24.8100 as targets...

Pivot (invalidation): 1845.00 Our preference Short positions below 1845.00 with targets at 1829.00 & 1823.00 in extension. Alternative scenario Above 1845.00 look for further upside with 1855.00 & 1861.00 as targets...

Pivot (invalidation): 3665.00 Our preference Long positions above 3665.00 with targets at 3710.00 & 3740.00 in extension. Alternative scenario Below 3665.00 look for further downside with 3645.00 & 3625.00 as targets...

Pivot (invalidation): 13260.00 Our preference Long positions above 13260.00 with targets at 13310.00 & 13350.00 in extension. Alternative scenario Below 13260.00 look for further downside with 13225.00 & 13170.00 as targets...

Pivot (invalidation): 7.8420 Our preference Short positions below 7.8420 with targets at 7.7780 & 7.7470 in extension. Alternative scenario Above 7.8420 look for further upside with 7.8800 & 7.9150 as targets...

Pivot (invalidation): 0.7405 Our preference Long positions above 0.7405 with targets at 0.7450 & 0.7465 in extension. Alternative scenario Below 0.7405 look for further downside with 0.7390 & 0.7370 as targets...

Pivot (invalidation): 1.2805 Our preference Short positions below 1.2805 with targets at 1.2745 & 1.2710 in extension. Alternative scenario Above 1.2805 look for further upside with 1.2835 & 1.2875 as targets...

Pivot (invalidation): 0.8880 Our preference Long positions above 0.8880 with targets at 0.8940 & 0.8970 in extension. Alternative scenario Below 0.8880 look for further downside with 0.8860 & 0.8845 as targets...

Pivot (invalidation): 104.25 Our preference Short positions below 104.25 with targets at 103.80 & 103.65 in extension. Alternative scenario Above 104.25 look for further upside with 104.40 & 104.55 as targets...

Pivot (invalidation): 1.3450 Our preference Short positions below 1.3450 with targets at 1.3385 & 1.3360 in extension. Alternative scenario Above 1.3450 look for further upside with 1.3490 & 1.3535 as targets...

Pivot (invalidation): 1.2150 Our preference Short positions below 1.2150 with targets at 1.2110 & 1.2090 in extension. Alternative scenario Above 1.2150 look for further upside with 1.2175 & 1.2200 as targets...

In the commodity market, oil prices are increasing to save the week, as OPEC+ members agreed to continue the production cuts to deal with a drastic decrease in demand amid a global coronavirus crisis...

Nasdaq and the S&P 500 updated their all-time highs on Thursday, while the Dow broke above 30,000 again for a while. However, the stock indexes took different routes by the end of the session, as the S&P ended lower...

Pivot (invalidation): 45.60 Our preference Long positions above 45.60 with targets at 47.05 & 47.45 in extension. Alternative scenario Below 45.60 look for further downside with 45.05 & 44.65 as targets...

Pivot (invalidation): 23.7900 Our preference Long positions above 23.7900 with targets at 24.3200 & 24.5300 in extension. Alternative scenario Below 23.7900 look for further downside with 23.5200 & 23.3100 as targets...

Pivot (invalidation): 1829.00 Our preference Long positions above 1829.00 with targets at 1851.00 & 1861.00 in extension. Alternative scenario Below 1829.00 look for further downside with 1817.00 & 1807.00 as targets...

Pivot (invalidation): 3645.00 Our preference Long positions above 3645.00 with targets at 3682.00 & 3700.00 in extension. Alternative scenario Below 3645.00 look for further downside with 3625.00 & 3595.00 as targets...