Jiming Huang / Blog
Equities traded mixed in Asia as concerns regarding the mounting US – China tensions and pandemic worries kept stock investors on the sidelines while driving capital to safe haven assets. Gains in Sydney (+0.26%) and Shanghai (+0.09%) were timid, as the Hang Seng (-0.09%) and Nikkei (-0...
Pivot (invalidation): 40.90 Our preference Long positions above 40.90 with targets at 41.65 & 41.85 in extension. Alternative scenario Below 40.90 look for further downside with 40.65 & 40.35 as targets...
Pivot (invalidation): 23.2500 Our preference Long positions above 23.2500 with targets at 24.8000 & 25.3000 in extension. Alternative scenario Below 23.2500 look for further downside with 22.9200 & 22.4300 as targets...
Pivot (invalidation): 1907.00 Our preference Long positions above 1907.00 with targets at 1958.00 & 1970.00 in extension. Alternative scenario Below 1907.00 look for further downside with 1896.00 & 1886.00 as targets...
Pivot (invalidation): 3232.00 Our preference Short positions below 3232.00 with targets at 3198.00 & 3173.00 in extension. Alternative scenario Above 3232.00 look for further upside with 3254.00 & 3277.00 as targets...
Pivot (invalidation): 12948.00 Our preference Short positions below 12948.00 with targets at 12810.00 & 12690.00 in extension. Alternative scenario Above 12948.00 look for further upside with 13067.00 & 13215.00 as targets...
Pivot (invalidation): 6.8500 Our preference Short positions below 6.8500 with targets at 6.8300 & 6.8200 in extension. Alternative scenario Above 6.8500 look for further upside with 6.8590 & 6.8660 as targets...
Pivot (invalidation): 0.7105 Our preference Long positions above 0.7105 with targets at 0.7160 & 0.7180 in extension. Alternative scenario Below 0.7105 look for further downside with 0.7085 & 0.7060 as targets...
Pivot (invalidation): 1.3410 Our preference Short positions below 1.3410 with targets at 1.3350 & 1.3335 in extension. Alternative scenario Above 1.3410 look for further upside with 1.3435 & 1.3460 as targets...