Jiming Huang / Blog
Pivot (invalidation): 1.1810 Our preference Long positions above 1.1810 with targets at 1.1850 & 1.1870 in extension. Alternative scenario Below 1.1810 look for further downside with 1.1790 & 1.1770 as targets...
The US dollar remains steady near the 93 mark, but the treasuries are dumped. The US 10-year yield advanced above 0.71% as capital moves to risky equity markets for better returns. Capital leaves gold as the risk rally intensifies...
Pivot (invalidation): 42.95 Our preference Long positions above 42.95 with targets at 43.85 & 44.10 in extension. Alternative scenario Below 42.95 look for further downside with 42.65 & 42.30 as targets...
Pivot (invalidation): 26.7000 Our preference Short positions below 26.7000 with targets at 26.0100 & 25.7800 in extension. Alternative scenario Above 26.7000 look for further upside with 26.9500 & 27.2000 as targets...
Pivot (invalidation): 1937.00 Our preference Short positions below 1937.00 with targets at 1911.00 & 1900.00 in extension. Alternative scenario Above 1937.00 look for further upside with 1946.00 & 1954.00 as targets...
Pivot (invalidation): 3426.00 Our preference Long positions above 3426.00 with targets at 3455.00 & 3475.00 in extension. Alternative scenario Below 3426.00 look for further downside with 3413.00 & 3400.00 as targets...
Pivot (invalidation): 13000.00 Our preference Long positions above 13000.00 with targets at 13220.00 & 13300.00 in extension. Alternative scenario Below 13000.00 look for further downside with 12924.00 & 12830.00 as targets...
Pivot (invalidation): 7.3650 Our preference Long positions above 7.3650 with targets at 7.4060 & 7.4370 in extension. Alternative scenario Below 7.3650 look for further downside with 7.3400 & 7.3060 as targets...