Jiming Huang / Blog
Pivot (invalidation): 1.3185 Our preference Short positions below 1.3185 with targets at 1.3145 & 1.3125 in extension. Alternative scenario Above 1.3185 look for further upside with 1.3205 & 1.3230 as targets...
Pivot (invalidation): 0.9020 Our preference Long positions above 0.9020 with targets at 0.9040 & 0.9060 in extension. Alternative scenario Below 0.9020 look for further downside with 0.9005 & 0.8990 as targets...
Pivot (invalidation): 105.15 Our preference Long positions above 105.15 with targets at 105.65 & 105.95 in extension. Alternative scenario Below 105.15 look for further downside with 104.90 & 104.70 as targets...
Pivot (invalidation): 1.3225 Our preference Long positions above 1.3225 with targets at 1.3265 & 1.3290 in extension. Alternative scenario Below 1.3225 look for further downside with 1.3200 & 1.3180 as targets...
Pivot (invalidation): 1.1950 Our preference Short positions below 1.1950 with targets at 1.1920 & 1.1895 in extension. Alternative scenario Above 1.1950 look for further upside with 1.1965 & 1.1985 as targets...
Escalating US-China tensions weighed on sentiment in Asia. Equities in Shanghai (+0.32%) and Hong Kong (-0.02%) lacked direction, the ASX (+1...
The US dollar sank to a two-year low after the Empire Manufacturing index warned that the business conditions in the US deteriorated significantly more than expected in August, with the headline figure showing a decline to 3.7 from 17.2 printed a month earlier...
Pivot (invalidation): 42.30 Our preference Long positions above 42.30 with targets at 42.95 & 43.20 in extension. Alternative scenario Below 42.30 look for further downside with 42.10 & 41.80 as targets...
Pivot (invalidation): 27.1000 Our preference Long positions above 27.1000 with targets at 28.3000 & 28.7500 in extension. Alternative scenario Below 27.1000 look for further downside with 26.5700 & 26.2700 as targets...