Jiming Huang / Blog
Pivot (invalidation): 1.1795 Our preference Long positions above 1.1795 with targets at 1.1855 & 1.1875 in extension. Alternative scenario Below 1.1795 look for further downside with 1.1775 & 1.1750 as targets...
In the commodity market, oil prices can’t find their support as investors concerned about a second wave of the pandemic. Brent has dropped 0.53% to break below $40 for the first time since June. WTI futures are down 0.65% to $36.52...
US stock futures showed some signs of recovery on Monday, but as the markets opened the week on Tuesday, the benchmark indexes plunged further into correction territory. Nasdaq was the worst performer as tech stocks dragged the index down. It fell 4...
Pivot (invalidation): 37.20 Our preference Short positions below 37.20 with targets at 36.10 & 35.45 in extension. Alternative scenario Above 37.20 look for further upside with 37.70 & 38.65 as targets...
Pivot (invalidation): 26.4300 Our preference Long positions above 26.4300 with targets at 26.9800 & 27.1700 in extension. Alternative scenario Below 26.4300 look for further downside with 26.2100 & 25.9900 as targets...
Pivot (invalidation): 1923.00 Our preference Long positions above 1923.00 with targets at 1934.00 & 1941.00 in extension. Alternative scenario Below 1923.00 look for further downside with 1916.00 & 1907.00 as targets...
Pivot (invalidation): 3391.00 Our preference Short positions below 3391.00 with targets at 3303.00 & 3259.00 in extension. Alternative scenario Above 3391.00 look for further upside with 3452.00 & 3500.00 as targets...
Pivot (invalidation): 13145.00 Our preference Short positions below 13145.00 with targets at 12840.00 & 12754.00 in extension. Alternative scenario Above 13145.00 look for further upside with 13240.00 & 13330.00 as targets...
Pivot (invalidation): 7.4460 Our preference Long positions above 7.4460 with targets at 7.5140 & 7.5460 in extension. Alternative scenario Below 7.4460 look for further downside with 7.4130 & 7.3860 as targets...