Jiming Huang / Blog
US futures continue to flash red in early trading on Monday, as equities are faced with a valiant attempt to recoup the losses of last week...
Pivot (invalidation): 39.60 Our preference Short positions below 39.60 with targets at 38.50 & 38.00 in extension. Alternative scenario Above 39.60 look for further upside with 40.10 & 40.65 as targets...
Pivot (invalidation): 26.6000 Our preference Long positions above 26.6000 with targets at 27.3900 & 27.7000 in extension. Alternative scenario Below 26.6000 look for further downside with 26.2700 & 26.0300 as targets...
Pivot (invalidation): 1925.00 Our preference Long positions above 1925.00 with targets at 1950.00 & 1958.00 in extension. Alternative scenario Below 1925.00 look for further downside with 1916.00 & 1906.00 as targets...
Pivot (invalidation): 3477.00 Our preference Short positions below 3477.00 with targets at 3391.00 & 3349.00 in extension. Alternative scenario Above 3477.00 look for further upside with 3530.00 & 3565.00 as targets...
Pivot (invalidation): 13120.00 Our preference Short positions below 13120.00 with targets at 12630.00 & 12520.00 in extension. Alternative scenario Above 13120.00 look for further upside with 13240.00 & 13355.00 as targets...
Pivot (invalidation): 7.3870 Our preference Long positions above 7.3870 with targets at 7.4760 & 7.5000 in extension. Alternative scenario Below 7.3870 look for further downside with 7.3550 & 7.3160 as targets...
Pivot (invalidation): 0.7260 Our preference Long positions above 0.7260 with targets at 0.7310 & 0.7340 in extension. Alternative scenario Below 0.7260 look for further downside with 0.7240 & 0.7220 as targets...
Pivot (invalidation): 1.3040 Our preference Long positions above 1.3040 with targets at 1.3115 & 1.3140 in extension. Alternative scenario Below 1.3040 look for further downside with 1.3015 & 1.2990 as targets...