Jiming Huang / Blog
Pivot (invalidation): 7.1930 Our preference Long positions above 7.1930 with targets at 7.3100 & 7.3800 in extension. Alternative scenario Below 7.1930 look for further downside with 7.1550 & 7.1000 as targets...
Pivot (invalidation): 0.7240 Our preference Short positions below 0.7240 with targets at 0.7170 & 0.7150 in extension. Alternative scenario Above 0.7240 look for further upside with 0.7260 & 0.7290 as targets...
Pivot (invalidation): 1.3320 Our preference Long positions above 1.3320 with targets at 1.3400 & 1.3420 in extension. Alternative scenario Below 1.3320 look for further downside with 1.3295 & 1.3265 as targets...
Pivot (invalidation): 0.9095 Our preference Long positions above 0.9095 with targets at 0.9140 & 0.9175 in extension. Alternative scenario Below 0.9095 look for further downside with 0.9080 & 0.9060 as targets...
Pivot (invalidation): 105.40 Our preference Long positions above 105.40 with targets at 105.70 & 105.85 in extension. Alternative scenario Below 105.40 look for further downside with 105.25 & 105.00 as targets...
Pivot (invalidation): 1.3145 Our preference Short positions below 1.3145 with targets at 1.3085 & 1.3055 in extension. Alternative scenario Above 1.3145 look for further upside with 1.3180 & 1.3200 as targets...
Pivot (invalidation): 1.1865 Our preference Short positions below 1.1865 with targets at 1.1800 & 1.1775 in extension. Alternative scenario Above 1.1865 look for further upside with 1.1895 & 1.1915 as targets...
The boost in oil prices following the Beirut blast pushed WTI crude above its 200-day moving average of $43 pb on Wednesday, but decent offers blocked the way higher above this level...
US stocks extended gains as investors saw progress on negotiations for the US’ next fiscal stimulus package as White House made some concessions to end the deadlock, although Democrats ask for more...