Jiming Huang / Blog
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): 0.7125 Our preference Short positions below 0.7125 with targets at 0.7085 & 0.7060 in extension. Alternative scenario Above 0.7125 look for further upside with 0.7140 & 0.7160 as targets...
Pivot (invalidation): 1.3370 Our preference Long positions above 1.3370 with targets at 1.3425 & 1.3455 in extension. Alternative scenario Below 1.3370 look for further downside with 1.3345 & 1.3320 as targets...
Pivot (invalidation): 0.9265 Our preference Short positions below 0.9265 with targets at 0.9220 & 0.9200 in extension. Alternative scenario Above 0.9265 look for further upside with 0.9285 & 0.9300 as targets...
Pivot (invalidation): 106.70 Our preference Short positions below 106.70 with targets at 106.20 & 106.00 in extension. Alternative scenario Above 106.70 look for further upside with 106.85 & 107.00 as targets...
g Pivot (invalidation): 1.2725 Our preference Long positions above 1.2725 with targets at 1.2775 & 1.2800 in extension. Alternative scenario Below 1.2725 look for further downside with 1.2695 & 1.2670 as targets...
Pivot (invalidation): 1.1585 Our preference Long positions above 1.1585 with targets at 1.1630 & 1.1645 in extension. Alternative scenario Below 1.1585 look for further downside with 1.1560 & 1.1540 as targets...
Gold futures are up 0.20% to 1,869.35. Oil prices advanced on Thursday, though the rally is capped given the unexpected increase in US oil reserve. Meanwhile, consumption is damaged by the pandemic. The Energy Information Administration (EIA) said that crude inventories increased by 4...
US stocks have returned to growth after a wobbling session on Wednesday. During the turbulent session, investors focused on mixed quarterly reporting and the debate over further stimulus. The benchmark S&P 500 index rose 0.62%, and Dow added 0.57%. Nasdaq was more modest, securing a gain of 0...