Jiming Huang / Blog
In the commodity market, oil prices are bullish on Monday, with Brent returning above the $50 mark. Prices are maintaining at their highest levels since the beginning of March. Both the WTI and Brent have gained over 1.1% so far...
US stocks are set to open the week higher as futures on the three benchmark indexes are rebounding after a bearish week. Investor sentiment was boosted after the US had officially green-lighted the COVID vaccine produced by Pfizer and BioNTech...
Pivot (invalidation): 46.95 Our preference Short positions below 46.95 with targets at 46.30 & 45.95 in extension. Alternative scenario Above 46.95 look for further upside with 47.25 & 47.75 as targets...
Pivot (invalidation): 24.1100 Our preference Short positions below 24.1100 with targets at 23.7200 & 23.5800 in extension. Alternative scenario Above 24.1100 look for further upside with 24.2800 & 24.4600 as targets...
Pivot (invalidation): 1850.00 Our preference Short positions below 1850.00 with targets at 1823.00 & 1815.00 in extension. Alternative scenario Above 1850.00 look for further upside with 1859.00 & 1866.00 as targets...
Pivot (invalidation): 3633.00 Our preference Long positions above 3633.00 with targets at 3695.00 & 3710.00 in extension. Alternative scenario Below 3633.00 look for further downside with 3595.00 & 3575.00 as targets...
Pivot (invalidation): 13080.00 Our preference Long positions above 13080.00 with targets at 13210.00 & 13265.00 in extension. Alternative scenario Below 13080.00 look for further downside with 13000.00 & 12910.00 as targets...
Pivot (invalidation): 7.8750 Our preference Short positions below 7.8750 with targets at 7.8320 & 7.8100 in extension. Alternative scenario Above 7.8750 look for further upside with 7.9000 & 7.9230 as targets...
Pivot (invalidation): 0.7555 Our preference Short positions below 0.7555 with targets at 0.7520 & 0.7500 in extension. Alternative scenario Above 0.7555 look for further upside with 0.7570 & 0.7585 as targets...