Jiming Huang / Blog
The global risk recovery is set to pick up at the start of the week as Fed Chai Powell expressed optimism that the US growth story will improve in 2H. S&P 500 futures (1.15%) pushing up Asian equities Nikkei (0.48), Shanghai Composite (0.47%), and Kospi (0...
Optimism over warm weather supporting the gradual return to normal activities following a more than two-month lockdown period globally holds equities in demand as commodity currencies hold to their gains with oil prices climbing above $30 for the first time since mid-March 2020 on hope of growing...
Pivot (invalidation): 29.50 Our preference Long positions above 29.50 with targets at 31.45 & 32.50 in extension. Alternative scenario...
Pivot (invalidation): 16.8000 Our preference Long positions above 16.8000 with targets at 17.3000 & 17.6000 in extension. Alternative scenario...
Pivot (invalidation): 1743.00 Our preference Long positions above 1743.00 with targets at 1768.00 & 1780.00 in extension. Alternative scenario...
Pivot (invalidation): 2830.00 Our preference Long positions above 2830.00 with targets at 2880.00 & 2907.00 in extension. Alternative scenario...
Pivot (invalidation): 10380.00 Our preference Long positions above 10380.00 with targets at 10600.00 & 10700.00 in extension. Alternative scenario...
Pivot (invalidation): 6.9190 Our preference Short positions below 6.9190 with targets at 6.8570 & 6.8280 in extension. Alternative scenario...
Pivot (invalidation): 0.6405 Our preference Long positions above 0.6405 with targets at 0.6470 & 0.6495 in extension. Alternative scenario...