Jiming Huang / Blog
Pivot (invalidation): 1.3040 Our preference Long positions above 1.3040 with targets at 1.3100 & 1.3125 in extension. Alternative scenario Below 1.3040 look for further downside with 1.3015 & 1.2990 as targets...
Pivot (invalidation): 0.9080 Our preference Long positions above 0.9080 with targets at 0.9140 & 0.9160 in extension. Alternative scenario Below 0.9080 look for further downside with 0.9060 & 0.9040 as targets...
Pivot (invalidation): 105.70 Our preference Long positions above 105.70 with targets at 106.35 & 106.50 in extension. Alternative scenario Below 105.70 look for further downside with 105.55 & 105.30 as targets...
Pivot (invalidation): 1.3410 Our preference Short positions below 1.3410 with targets at 1.3330 & 1.3300 in extension. Alternative scenario Above 1.3410 look for further upside with 1.3450 & 1.3480 as targets...
Pivot (invalidation): 1.1940 Our preference Short positions below 1.1940 with targets at 1.1865 & 1.1845 in extension. Alternative scenario Above 1.1940 look for further upside with 1.1965 & 1.1995 as targets...
In the commodity market, gold is surging amid a weakening US dollar. The metal is now up 0.81% to $1,994.55...
US stock indices took different routes on Monday, but the general vibe is bullish since equities had their best month in over three decades. S&P 500 (-0.22%) and Dow Jones (-0.78%) have lost ground, while Nasdaq (+0.68) continued the rally driven by Apple and Tesla...
Pivot (invalidation): 43.05 Our preference Short positions below 43.05 with targets at 42.75 & 42.55 in extension. Alternative scenario Above 43.05 look for further upside with 43.20 & 43.35 as targets...
Pivot (invalidation): 28.1600 Our preference Long positions above 28.1600 with targets at 29.1000 & 29.4000 in extension. Alternative scenario Below 28.1600 look for further downside with 27.7700 & 27.5400 as targets...