Jiming Huang / Blog
Pivot (invalidation): 1.3575 Our preference Long positions above 1.3575 with targets at 1.3665 & 1.3700 in extension. Alternative scenario Below 1.3575 look for further downside with 1.3520 & 1.3475 as targets...
Pivot (invalidation): 107.55 Our preference Short positions below 107.55 with targets at 106.85 & 106.55 in extension. Alternative scenario Above 107.55 look for further upside with 107.85 & 108.20 as targets...
Pivot (invalidation): 1.2550 Our preference Short positions below 1.2550 with targets at 1.2470 & 1.2440 in extension. Alternative scenario Above 1.2550 look for further upside with 1.2600 & 1.2650 as targets...
Pivot (invalidation): 1.1275 Our preference Short positions below 1.1275 with targets at 1.1230 & 1.1210 in extension. Alternative scenario Above 1.1275 look for further upside with 1.1300 & 1.1330 as targets...
WTI crude slipped below $35 per barrel as oil investors scaled back their expectation of improved demand on rising risk of a renewed halt in global economic activity. The barrel of WTI found buyers near the 100-day moving average ($34.70...
US equities recorded the worst single-day sell-off since April on rising fears that a second wave of Covid-10 contagion would push the economies to shut down again. The Dow Jones slumped 6.90%, as Nasdaq erased 5.27% respectively at the close. The S&P500 (-5.89%) hit the critical 3000 support...
Pivot (invalidation): 36.25 Our preference Short positions below 36.25 with targets at 34.50 & 33.85 in extension. Alternative scenario Above 36.25 look for further upside with 37.20 & 37.70 as targets...
Pivot (invalidation): 17.7200 Our preference Short positions below 17.7200 with targets at 17.2000 & 17.0000 in extension. Alternative scenario Above 17.7200 look for further upside with 17.8600 & 17.9600 as targets...
Pivot (invalidation): 1735.00 Our preference Short positions below 1735.00 with targets at 1719.00 & 1708.00 in extension. Alternative scenario Above 1735.00 look for further upside with 1745.00 & 1755.00 as targets...