Jiming Huang / Blog
Pivot (invalidation): 1.1325 Our preference Long positions above 1.1325 with targets at 1.1370 & 1.1395 in extension. Alternative scenario Below 1.1325 look for further downside with 1.1310 & 1.1295 as targets...
The US dollar index remains little changed near the 97 mark. The EURUSD retreated below 1.13 as the single currency encountered solid resistance into the 1.1350 mark over the past 48 hours...
US stock indices paused a five-day rally in New York, dragged lower by financial, industrial and energy shares. US treasuries and gold gained...
Pivot (invalidation): 40.25 Our preference Long positions above 40.25 with targets at 41.10 & 41.40 in extension. Alternative scenario Below 40.25 look for further downside with 39.90 & 39.60 as targets...
Pivot (invalidation): 18.1400 Our preference Long positions above 18.1400 with targets at 18.4400 & 18.5200 in extension. Alternative scenario Below 18.1400 look for further downside with 18.0600 & 17.9700 as targets...
Pivot (invalidation): 1786.00 Our preference Long positions above 1786.00 with targets at 1803.00 & 1811.00 in extension. Alternative scenario Below 1786.00 look for further downside with 1781.00 & 1775.00 as targets...
Pivot (invalidation): 3165.00 Our preference Short positions below 3165.00 with targets at 3125.00 & 3086.00 in extension. Alternative scenario Above 3165.00 look for further upside with 3184.00 & 3225.00 as targets...
Pivot (invalidation): 12670.00 Our preference Short positions below 12670.00 with targets at 12525.00 & 12440.00 in extension. Alternative scenario Above 12670.00 look for further upside with 12730.00 & 12840.00 as targets...
Pivot (invalidation): 6.8650 Our preference Short positions below 6.8650 with targets at 6.8500 & 6.8420 in extension. Alternative scenario Above 6.8650 look for further upside with 6.8720 & 6.8820 as targets...