Jiming Huang / Blog
WTI crude slumped below $15 a barrel and pulled the energy-heavy ASX 200 more than 1% lower in Sydney, as the week kicked off on a mixed note elsewhere in Asia. Gold legged down to $1670 an ounce despite mixed sentiment in Asia. In the FX, the oil currencies were under the pressure of falling oil...
Stocks in China treaded water as the People’s Bank of China (PBoC) cut its key rate by 20 basis points to a record low of 3.85% as expected...
Pivot (invalidation): 24.90 Our preference Short positions below 24.90 with targets at 22.70 & 22.10 in extension. Alternative scenario...
Pivot (invalidation): 15.0600 Our preference Long positions above 15.0600 with targets at 15.4300 & 15.5500 in extension. Alternative scenario...
Pivot (invalidation): 1690.00 Our preference Short positions below 1690.00 with targets at 1670.00 & 1660.00 in extension. Alternative scenario...
Pivot (invalidation): 2803.00 Our preference Long positions above 2803.00 with targets at 2922.00 & 2960.00 in extension. Alternative scenario...
Pivot (invalidation): 10820.00 Our preference Short positions below 10820.00 with targets at 10460.00 & 10260.00 in extension. Alternative scenario...
Pivot (invalidation): 6.9390 Our preference Short positions below 6.9390 with targets at 6.8860 & 6.8550 in extension. Alternative scenario...
Pivot (invalidation): 0.6370 Our preference Short positions below 0.6370 with targets at 0.6310 & 0.6290 in extension. Alternative scenario...