Jiming Huang / Profil

EU Pivot (invalidation): 1.1865 Our preference Short positions below 1.1865 with targets at 1.1815 & 1.1800 in extension. Alternative scenario Above 1.1865 look for further upside with 1.1880 & 1.1900 as targets...

In the commodity market, oil prices have declined as investors are worried about oversupply after an unexpected increase in US crude inventories...

Wall Street edged up on Tuesday, recovering part of previous losses. However, the three indexes departed from session highs. Investors priced in the cautious optimism surrounding the stimulus negotiations between Republican and Democrat lawmakers...

Pivot (invalidation): 41.10 Our preference Long positions above 41.10 with targets at 41.90 & 42.20 in extension. Alternative scenario Below 41.10 look for further downside with 40.90 & 40.55 as targets...

Pivot (invalidation): 24.7000 Our preference Long positions above 24.7000 with targets at 25.3700 & 25.5700 in extension. Alternative scenario Below 24.7000 look for further downside with 24.5600 & 24.3300 as targets...

Pivot (invalidation): 1908.00 Our preference Long positions above 1908.00 with targets at 1925.00 & 1932.00 in extension. Alternative scenario Below 1908.00 look for further downside with 1904.00 & 1899.00 as targets...

Pivot (invalidation): 3480.00 Our preference Short positions below 3480.00 with targets at 3420.00 & 3370.00 in extension. Alternative scenario Above 3480.00 look for further upside with 3515.00 & 3550.00 as targets...

Pivot (invalidation): 12850.00 Our preference Short positions below 12850.00 with targets at 12700.00 & 12599.00 in extension. Alternative scenario Above 12850.00 look for further upside with 12960.00 & 13030.00 as targets...

Pivot (invalidation): 7.8790 Our preference Short positions below 7.8790 with targets at 7.8470 & 7.8270 in extension. Alternative scenario Above 7.8790 look for further upside with 7.9050 & 7.9240 as targets...

Pivot (invalidation): 0.7045 Our preference Long positions above 0.7045 with targets at 0.7115 & 0.7145 in extension. Alternative scenario Below 0.7045 look for further downside with 0.7020 & 0.7000 as targets...

Pivot (invalidation): 1.3145 Our preference Short positions below 1.3145 with targets at 1.3070 & 1.3050 in extension. Alternative scenario Above 1.3145 look for further upside with 1.3170 & 1.3200 as targets...

Pivot (invalidation): 0.9085 Our preference Short positions below 0.9085 with targets at 0.9030 & 0.9010 in extension. Alternative scenario Above 0.9085 look for further upside with 0.9110 & 0.9125 as targets...

Pivot (invalidation): 105.55 Our preference Short positions below 105.55 with targets at 105.25 & 105.15 in extension. Alternative scenario Above 105.55 look for further upside with 105.65 & 105.75 as targets...

Pivot (invalidation): 1.2935 Our preference Long positions above 1.2935 with targets at 1.3000 & 1.3025 in extension. Alternative scenario Below 1.2935 look for further downside with 1.2910 & 1.2895 as targets...

Pivot (invalidation): 1.1815 Our preference Long positions above 1.1815 with targets at 1.1870 & 1.1890 in extension. Alternative scenario Below 1.1815 look for further downside with 1.1800 & 1.1780 as targets...

In the commodity market, oil prices continue to decline for a fourth straight session on Tuesday morning, as investors are worried that the second wave of the pandemic is hindering the recovery in fuel demand. Still, the two crude brands are trading sideways on larger timeframes...

US equities extended last week losses and fell to the lowest level since October 8, as investors are worried that Republicans and Democrats wouldn’t reach an agreement on the next stimulus package ahead of the deadline set for Tuesday...

Pivot (invalidation): 41.10 Our preference Short positions below 41.10 with targets at 40.55 & 40.25 in extension. Alternative scenario Above 41.10 look for further upside with 41.45 & 41.70 as targets...

Pivot (invalidation): 24.5700 Our preference Short positions below 24.5700 with targets at 24.1900 & 24.0300 in extension. Alternative scenario Above 24.5700 look for further upside with 24.7500 & 24.9700 as targets...

Pivot (invalidation): 1910.00 Our preference Short positions below 1910.00 with targets at 1895.00 & 1889.00 in extension. Alternative scenario Above 1910.00 look for further upside with 1914.00 & 1918.50 as targets...