Jiming Huang / Blog
Pivot (invalidation): 107.50 Our preference Long positions above 107.50 with targets at 107.85 & 108.00 in extension. Alternative scenario Below 107.50 look for further downside with 107.35 & 107.15 as targets...
Pivot (invalidation): 1.2455 Our preference Long positions above 1.2455 with targets at 1.2505 & 1.2525 in extension. Alternative scenario Below 1.2455 look for further downside with 1.2435 & 1.2420 as targets...
Pivot (invalidation): 1.1255 Our preference Long positions above 1.1255 with targets at 1.1300 & 1.1315 in extension. Alternative scenario Below 1.1255 look for further downside with 1.1240 & 1.1220 as targets...
Investors only had eyes for the 4.8 million rise in US nonfarm jobs last month, although the average earnings slipped 1.2% versus -0.8% expected by analysts and the jobless claims remained close to the 20 million mark...
Pivot (invalidation): 39.85 Our preference Long positions above 39.85 with targets at 40.75 & 41.25 in extension. Alternative scenario Below 39.85 look for further downside with 39.45 & 39.05 as targets...
Pivot (invalidation): 17.8500 Our preference Long positions above 17.8500 with targets at 18.1300 & 18.2700 in extension. Alternative scenario Below 17.8500 look for further downside with 17.7400 & 17.6700 as targets...
Pivot (invalidation): 1766.00 Our preference Long positions above 1766.00 with targets at 1784.00 & 1789.00 in extension. Alternative scenario Below 1766.00 look for further downside with 1759.00 & 1753.50 as targets...
Pivot (invalidation): 3115.00 Our preference Long positions above 3115.00 with targets at 3165.00 & 3185.00 in extension. Alternative scenario Below 3115.00 look for further downside with 3085.00 & 3050.00 as targets...