Jiming Huang / Blog
Asian equity indices kicked off the week on a mixed note, as US stock futures recovered after a dip at the open. Stocks in Sydney (+1.68%), Seoul (+1.43%) and Shanghai (+0.42%) gained, but the Hang Seng (-0.36%) slid. Tokyo was closed due to bank holiday...
Pivot (invalidation): 42.15 Our preference Short positions below 42.15 with targets at 41.05 & 40.55 in extension. Alternative scenario Above 42.15 look for further upside with 42.65 & 42.95 as targets...
Pivot (invalidation): 28.8500 Our preference Short positions below 28.8500 with targets at 27.3000 & 26.8500 in extension. Alternative scenario Above 28.8500 look for further upside with 29.3500 & 29.8500 as targets...
Pivot (invalidation): 2047.00 Our preference Short positions below 2047.00 with targets at 2015.00 & 2000.00 in extension. Alternative scenario Above 2047.00 look for further upside with 2064.00 & 2075.00 as targets...
Pivot (invalidation): 3328.00 Our preference Long positions above 3328.00 with targets at 3360.00 & 3385.00 in extension. Alternative scenario Below 3328.00 look for further downside with 3317.00 & 3285.00 as targets...
Pivot (invalidation): 12750.00 Our preference Short positions below 12750.00 with targets at 12520.00 & 12400.00 in extension. Alternative scenario Above 12750.00 look for further upside with 12825.00 & 12865.00 as targets...
Pivot (invalidation): 7.2400 Our preference Long positions above 7.2400 with targets at 7.3650 & 7.4360 in extension. Alternative scenario Below 7.2400 look for further downside with 7.1750 & 7.1120 as targets...
Pivot (invalidation): 0.7180 Our preference Short positions below 0.7180 with targets at 0.7140 & 0.7125 in extension. Alternative scenario Above 0.7180 look for further upside with 0.7200 & 0.7220 as targets...
Pivot (invalidation): 1.3400 Our preference Short positions below 1.3400 with targets at 1.3365 & 1.3335 in extension. Alternative scenario Above 1.3400 look for further upside with 1.3420 & 1.3450 as targets...