Jiming Huang / Blog
Pivot (invalidation): 1.1870 Our preference Short positions below 1.1870 with targets at 1.1790 & 1.1760 in extension. Alternative scenario Above 1.1870 look for further upside with 1.1895 & 1.1920 as targets...
In the commodity market, gold is retreating as the US dollar is leveraging the US manufacturing data. On Monday, gold rose to the highest since mid-August as the greenback dropped to the lowest in years...
Traditionally, September has been the worst month of the year for the US stock market, but the current rally doesn’t seem to fade as of today. The S&P 500 (+0.75%) and Nasdaq (+1.39%) improved their record highs on Tuesday, driven by tech stocks...
Pivot (invalidation): 42.75 Our preference Long positions above 42.75 with targets at 43.30 & 43.55 in extension. Alternative scenario Below 42.75 look for further downside with 42.55 & 42.35 as targets...
Pivot (invalidation): 28.5000 Our preference Short positions below 28.5000 with targets at 27.5400 & 27.3200 in extension. Alternative scenario Above 28.5000 look for further upside with 28.9000 & 29.3000 as targets...
Pivot (invalidation): 1974.00 Our preference Short positions below 1974.00 with targets at 1954.00 & 1944.00 in extension. Alternative scenario Above 1974.00 look for further upside with 1983.00 & 1992.00 as targets...
Pivot (invalidation): 3495.00 Our preference Long positions above 3495.00 with targets at 3533.00 & 3575.00 in extension. Alternative scenario Below 3495.00 look for further downside with 3465.00 & 3445.00 as targets...
Pivot (invalidation): 13125.00 Our preference Short positions below 13125.00 with targets at 12850.00 & 12760.00 in extension. Alternative scenario Above 13125.00 look for further upside with 13220.00 & 13300.00 as targets...
Pivot (invalidation): 7.3280 Our preference Long positions above 7.3280 with targets at 7.3920 & 7.4180 in extension. Alternative scenario Below 7.3280 look for further downside with 7.2970 & 7.2750 as targets...