Jiming Huang / Blog
Pivot (invalidation): 1.1900 Our preference Short positions below 1.1900 with targets at 1.1855 & 1.1830 in extension. Alternative scenario Above 1.1900 look for further upside with 1.1920 & 1.1940 as targets...
Capital poured into treasuries and gold. Gold extended its record-breaking rally and surged to the $2022 per oz on prolonged US fiscal stimulus talks, rising threats to the US-China trade deal and Beirut explosion...
US stocks posted modest gains and equities in Asia lacked direction, as better-than-expected US factory orders didn’t better the mood in the absence of an agreement for more US fiscal stimulus and rumors that the US and China will review their phase-one trade deal spurred worries that the deal co...
Pivot (invalidation): 41.20 Our preference Long positions above 41.20 with targets at 42.05 & 42.55 in extension. Alternative scenario Below 41.20 look for further downside with 40.95 & 40.50 as targets...
Pivot (invalidation): 25.3400 Our preference Long positions above 25.3400 with targets at 26.3000 & 26.8500 in extension. Alternative scenario Below 25.3400 look for further downside with 24.9500 & 24.7000 as targets...
Pivot (invalidation): 2007.00 Our preference Long positions above 2007.00 with targets at 2031.00 & 2042.00 in extension. Alternative scenario Below 2007.00 look for further downside with 2000.00 & 1993.00 as targets...
Pivot (invalidation): 3272.00 Our preference Long positions above 3272.00 with targets at 3329.00 & 3360.00 in extension. Alternative scenario Below 3272.00 look for further downside with 3223.00 & 3200.00 as targets...
Pivot (invalidation): 12500.00 Our preference Long positions above 12500.00 with targets at 12770.00 & 12825.00 in extension. Alternative scenario Below 12500.00 look for further downside with 12370.00 & 12260.00 as targets...
Pivot (invalidation): 6.9350 Our preference Short positions below 6.9350 with targets at 6.8720 & 6.8500 in extension. Alternative scenario Above 6.9350 look for further upside with 6.9580 & 6.9750 as targets...