Jiming Huang / Blog
Asian markets opened the week on a slightly upbeat note following a positive close in the US on Friday. Stocks in Sydney (+0.14%) and Tokyo (+0.05%) were flat, and the Hang Seng (+1...
Pivot (invalidation): 42.15 Our preference Long positions above 42.15 with targets at 42.70 & 42.95 in extension. Alternative scenario Below 42.15 look for further downside with 41.75 & 41.45 as targets...
Pivot (invalidation): 26.9800 Our preference Short positions below 26.9800 with targets at 26.0100 & 25.7000 in extension. Alternative scenario Above 26.9800 look for further upside with 27.2500 & 27.5400 as targets...
Pivot (invalidation): 1951.00 Our preference Short positions below 1951.00 with targets at 1921.00 & 1911.00 in extension. Alternative scenario Above 1951.00 look for further upside with 1965.50 & 1976.00 as targets...
Pivot (invalidation): 3382.00 Our preference Long positions above 3382.00 with targets at 3413.00 & 3423.50 in extension. Alternative scenario Below 3382.00 look for further downside with 3371.00 & 3360.25 as targets...
Pivot (invalidation): 12840.00 Our preference Short positions below 12840.00 with targets at 12635.00 & 12520.00 in extension. Alternative scenario Above 12840.00 look for further upside with 12910.00 & 12980.00 as targets...
Pivot (invalidation): 7.3490 Our preference Short positions below 7.3490 with targets at 7.2730 & 7.2420 in extension. Alternative scenario Above 7.3490 look for further upside with 7.3800 & 7.4000 as targets...
Pivot (invalidation): 0.7150 Our preference Long positions above 0.7150 with targets at 0.7180 & 0.7195 in extension. Alternative scenario Below 0.7150 look for further downside with 0.7135 & 0.7120 as targets...
Pivot (invalidation): 1.3195 Our preference Short positions below 1.3195 with targets at 1.3155 & 1.3135 in extension. Alternative scenario Above 1.3195 look for further upside with 1.3215 & 1.3235 as targets...