Jiming Huang / Blog
Pivot (invalidation): 1.3415 Our preference Short positions below 1.3415 with targets at 1.3315 & 1.3290 in extension. Alternative scenario Above 1.3415 look for further upside with 1.3440 & 1.3475 as targets...
Pivot (invalidation): 1.2100 Our preference Short positions below 1.2100 with targets at 1.2060 & 1.2040 in extension. Alternative scenario Above 1.2100 look for further upside with 1.2115 & 1.2130 as targets...
In the commodity market, oil prices have declined during the European morning, after a larger-than-expected increase in US inventories last week. Still, vaccine optimism provides support for crude prices. The American Petroleum Institute reported a 1...
US equities gained more confidence on Tuesday, as the S&P 500 and tech-oriented Nasdaq updated their record highs. Investor sentiment was buoyed by renewed vaccine optimism. Still, the uncertainty over further stimulus capped the rally. The S&P 500 rose 0.28%, Dow Jones added 0...
Pivot (invalidation): 45.80 Our preference Short positions below 45.80 with targets at 45.15 & 44.80 in extension. Alternative scenario Above 45.80 look for further upside with 46.25 & 46.50 as targets...
Pivot (invalidation): 24.6700 Our preference Short positions below 24.6700 with targets at 24.0000 & 23.8000 in extension. Alternative scenario Above 24.6700 look for further upside with 24.8600 & 25.0600 as targets...
Pivot (invalidation): 1875.00 Our preference Short positions below 1875.00 with targets at 1848.00 & 1841.00 in extension. Alternative scenario Above 1875.00 look for further upside with 1884.00 & 1892.00 as targets...
Pivot (invalidation): 3678.00 Our preference Long positions above 3678.00 with targets at 3720.00 & 3740.00 in extension. Alternative scenario Below 3678.00 look for further downside with 3645.00 & 3625.00 as targets...
Pivot (invalidation): 13199.00 Our preference Long positions above 13199.00 with targets at 13360.00 & 13400.00 in extension. Alternative scenario Below 13199.00 look for further downside with 13160.00 & 13130.00 as targets...