Jiming Huang / Blog
Stock markets are back on track after being somewhat bearish last week. Nevertheless, the first signs of a rally continuation could be seen last Friday...
Pivot (invalidation): 1797.00 Our preference Long positions above 1797.00 with targets at 1810.00 & 1815.00 in extension. Alternative scenario Below 1797.00 look for further downside with 1793.00 & 1786.00 as targets...
Pivot (invalidation): 18.6700 Our preference Long positions above 18.6700 with targets at 19.0300 & 19.1800 in extension. Alternative scenario Below 18.6700 look for further downside with 18.5500 & 18.4600 as targets...
Pivot (invalidation): 3155.00 Our preference Long positions above 3155.00 with targets at 3205.00 & 3225.00 in extension. Alternative scenario Below 3155.00 look for further downside with 3136.00 & 3115.00 as targets...
Pivot (invalidation): 39.60 Our preference Long positions above 39.60 with targets at 40.75 & 41.05 in extension. Alternative scenario Below 39.60 look for further downside with 39.00 & 38.55 as targets...
Pivot (invalidation): 12510.00 Our preference Long positions above 12510.00 with targets at 12730.00 & 12840.00 in extension. Alternative scenario Below 12510.00 look for further downside with 12415.00 & 12260.00 as targets...
Pivot (invalidation): 0.6950 Our preference Long positions above 0.6950 with targets at 0.6985 & 0.7000 in extension. Alternative scenario Below 0.6950 look for further downside with 0.6935 & 0.6920 as targets...
Pivot (invalidation): 1.3600 Our preference Short positions below 1.3600 with targets at 1.3560 & 1.3535 in extension. Alternative scenario Above 1.3600 look for further upside with 1.3625 & 1.3650 as targets...
Pivot (invalidation): 6.8680 Our preference Short positions below 6.8680 with targets at 6.8570 & 6.8490 in extension. Alternative scenario Above 6.8680 look for further upside with 6.8750 & 6.8820 as targets...