Jiming Huang / Blog
Pivot (invalidation): 0.6565 Our preference Short positions below 0.6565 with targets at 0.6520 & 0.6505 in extension. Alternative scenario...
Pivot (invalidation): 1.3895 Our preference Long positions above 1.3895 with targets at 1.3970 & 1.4000 in extension. Alternative scenario...
Pivot (invalidation): 0.9715 Our preference Short positions below 0.9715 with targets at 0.9675 & 0.9660 in extension. Alternative scenario...
Pivot (invalidation): 108.00 Our preference Short positions below 108.00 with targets at 107.60 & 107.35 in extension. Alternative scenario...
Pivot (invalidation): 1.2230 Our preference Long positions above 1.2230 with targets at 1.2295 & 1.2325 in extension. Alternative scenario...
Pivot (invalidation): 1.0955 Our preference Short positions below 1.0955 with targets at 1.0915 & 1.0900 in extension. Alternative scenario...
So far, there is little evidence that a V-shaped recovery should be favored, as market outperformance is still being driven by a small number of stocks (i.e. technology and healthcare sectors...
Markets appear losing steam following yesterday’s gains motivated by Fed Chairman Powell comment that monetary stimulus is still on the table as well as headlines concerning the potential discovery of a vaccine by Moderna Inc that could create an immune-system response in the body, bringing extra...
Pivot (invalidation): 32.90 Our preference Short positions below 32.90 with targets at 30.40 & 29.50 in extension. Alternative scenario...