Jiming Huang / Profil

After the best weekly performance in more than two months, Wall Street maintains the bullish stance even though the hopes for another stimulus before the election faded on Sunday. At the time of writing, the S&P 500 and Dow Jones futures have gained over 0...

Pivot (invalidation): 40.65 Our preference Short positions below 40.65 with targets at 39.95 & 39.75 in extension. Alternative scenario Above 40.65 look for further upside with 41.00 & 41.40 as targets...

Pivot (invalidation): 24.7700 Our preference Long positions above 24.7700 with targets at 25.6000 & 26.0000 in extension. Alternative scenario Below 24.7700 look for further downside with 24.4500 & 24.1100 as targets...

Pivot (invalidation): 1916.00 Our preference Long positions above 1916.00 with targets at 1942.00 & 1954.00 in extension. Alternative scenario Below 1916.00 look for further downside with 1905.00 & 1896.00 as targets...

Pivot (invalidation): 3445.00 Our preference Long positions above 3445.00 with targets at 3510.00 & 3555.00 in extension. Alternative scenario Below 3445.00 look for further downside with 3410.00 & 3355.00 as targets...

Pivot (invalidation): 13010.00 Our preference Long positions above 13010.00 with targets at 13075.00 & 13100.00 in extension. Alternative scenario Below 13010.00 look for further downside with 12960.00 & 12900.00 as targets...

Pivot (invalidation): 7.8340 Our preference Long positions above 7.8340 with targets at 7.8990 & 7.9350 in extension. Alternative scenario Below 7.8340 look for further downside with 7.8020 & 7.7760 as targets...

Pivot (invalidation): 0.7200 Our preference Long positions above 0.7200 with targets at 0.7245 & 0.7270 in extension. Alternative scenario Below 0.7200 look for further downside with 0.7170 & 0.7145 as targets...

Pivot (invalidation): 1.3160 Our preference Short positions below 1.3160 with targets at 1.3105 & 1.3080 in extension. Alternative scenario Above 1.3160 look for further upside with 1.3180 & 1.3200 as targets...

Pivot (invalidation): 0.9120 Our preference Short positions below 0.9120 with targets at 0.9085 & 0.9065 in extension. Alternative scenario Above 0.9120 look for further upside with 0.9145 & 0.9160 as targets...

Pivot (invalidation): 105.80 Our preference Short positions below 105.80 with targets at 105.35 & 105.15 in extension. Alternative scenario Above 105.80 look for further upside with 105.95 & 106.10 as targets...

Pivot (invalidation): 1.3000 Our preference Long positions above 1.3000 with targets at 1.3050 & 1.3080 in extension. Alternative scenario Below 1.3000 look for further downside with 1.2970 & 1.2950 as targets...

Pivot (invalidation): 1.1795 Our preference Long positions above 1.1795 with targets at 1.1835 & 1.1855 in extension. Alternative scenario Below 1.1795 look for further downside with 1.1780 & 1.1755 as targets...

In the commodity market, oil prices are retreating from weekly highs after surging over 3% on Thursday. Yesterday, crude rallied as Hurricane Delta forced producers in the US Gulf Coast to halt almost 92% of output...

Wall Street extended gains on Thursday and will likely end the week higher, as the index futures continue to ascend. Investor sentiment was boosted by hopes of new stimulus after President Donald Trump urged Congress to vote certain parts of the $2.4 trillion package proposed by Democrats...

Pivot (invalidation): 40.60 Our preference Long positions above 40.60 with targets at 41.70 & 42.20 in extension. Alternative scenario Below 40.60 look for further downside with 40.20 & 39.90 as targets...

Pivot (invalidation): 23.9700 Our preference Long positions above 23.9700 with targets at 24.5000 & 24.7500 in extension. Alternative scenario Below 23.9700 look for further downside with 23.6300 & 23.3300 as targets...

Pivot (invalidation): 1898.00 Our preference Long positions above 1898.00 with targets at 1921.00 & 1934.00 in extension. Alternative scenario Below 1898.00 look for further downside with 1889.00 & 1881.00 as targets...

Pivot (invalidation): 3425.00 Our preference Long positions above 3425.00 with targets at 3466.00 & 3491.00 in extension. Alternative scenario Below 3425.00 look for further downside with 3380.00 & 3355.00 as targets...

Pivot (invalidation): 12960.00 Our preference Long positions above 12960.00 with targets at 13100.00 & 13180.00 in extension. Alternative scenario...