Jiming Huang / Blog
Pivot (invalidation): 1.1425 Our preference Short positions below 1.1425 with targets at 1.1390 & 1.1360 in extension. Alternative scenario Above 1.1425 look for further upside with 1.1450 & 1.1470 as targets...
In the commodity market, gold has retreated in early trading on Wednesday but has consolidated well above $1,800 after temporarily breaking below that level on Tuesday. The metal is currently down 0.20% to $1,810...
Wall Street reversed higher after a depressive start of the week. On Tuesday, all three indices secured gains after a volatile session. Investors’ risk appetite increased after Moderna published encouraging data on the most probable candidate for a COVID-19 vaccine...
Pivot (invalidation): 39.90 Our preference Long positions above 39.90 with targets at 40.85 & 41.40 in extension. Alternative scenario Below 39.90 look for further downside with 39.50 & 39.10 as targets...
Pivot (invalidation): 19.1000 Our preference Long positions above 19.1000 with targets at 19.3700 & 19.5100 in extension. Alternative scenario Below 19.1000 look for further downside with 18.9700 & 18.8500 as targets...
Pivot (invalidation): 1803.00 Our preference Long positions above 1803.00 with targets at 1813.00 & 1818.00 in extension. Alternative scenario Below 1803.00 look for further downside with 1796.00 & 1790.00 as targets...
Pivot (invalidation): 3165.00 Our preference Long positions above 3165.00 with targets at 3214.00 & 3234.00 in extension. Alternative scenario Below 3165.00 look for further downside with 3140.00 & 3115.00 as targets...
Pivot (invalidation): 12530.00 Our preference Long positions above 12530.00 with targets at 12840.00 & 13000.00 in extension. Alternative scenario Below 12530.00 look for further downside with 12420.00 & 12260.00 as targets...
Pivot (invalidation): 6.8680 Our preference Short positions below 6.8680 with targets at 6.8580 & 6.8500 in extension. Alternative scenario Above 6.8680 look for further upside with 6.8750 & 6.8820 as targets...