Jiming Huang / Blog
Pivot (invalidation): 106.10 Our preference Long positions above 106.10 with targets at 106.50 & 106.70 in extension. Alternative scenario Below 106.10 look for further downside with 105.95 & 105.80 as targets...
Pivot (invalidation): 1.3285 Our preference Short positions below 1.3285 with targets at 1.3200 & 1.3175 in extension. Alternative scenario Above 1.3285 look for further upside with 1.3320 & 1.3355 as targets...
Pivot (invalidation): 1.1820 Our preference Long positions above 1.1820 with targets at 1.1865 & 1.1890 in extension. Alternative scenario Below 1.1820 look for further downside with 1.1800 & 1.1780 as targets...
At the time of writing, Japan’s Nikkei 225 is down 1.21% after surging on Thursday. Chief Cabinet Secretary Yoshihide Suga has the most chances to succeed Shinzo Abe as prime minister, according to recent polls. China’s Shanghai Composite has dropped 1...
The US stock market has persisted within the overbought territory for too long, as bulls became too strong and went all in too soon. As a result, equities have crashed on Thursday, dragged down by a slump in tech stocks...
Pivot (invalidation): 41.50 Our preference Short positions below 41.50 with targets at 40.65 & 40.20 in extension. Alternative scenario Above 41.50 look for further upside with 41.80 & 42.10 as targets...
Pivot (invalidation): 27.0500 Our preference Short positions below 27.0500 with targets at 26.3500 & 26.0000 in extension. Alternative scenario Above 27.0500 look for further upside with 27.3900 & 27.7000 as targets...
Pivot (invalidation): 1946.00 Our preference Short positions below 1946.00 with targets at 1922.00 & 1910.00 in extension. Alternative scenario Above 1946.00 look for further upside with 1956.00 & 1970.00 as targets...
Pivot (invalidation): 3468.00 Our preference Short positions below 3468.00 with targets at 3415.00 & 3390.00 in extension. Alternative scenario Above 3468.00 look for further upside with 3498.00 & 3530.00 as targets...