Jiming Huang / Blog
Pivot (invalidation): 0.9780 Our preference Short positions below 0.9780 with targets at 0.9720 & 0.9700 in extension. Alternative scenario...
Pivot (invalidation): 111.05 Our preference Short positions below 111.05 with targets at 110.40 & 110.05 in extension. Alternative scenario...
Pivot (invalidation): 1.1805 Our preference Long positions above 1.1805 with targets at 1.1890 & 1.1915 in extension. Alternative scenario...
Pivot (invalidation): 1.0865 Our preference Long positions above 1.0865 with targets at 1.0950 & 1.0985 in extension. Alternative scenario...
To assess how well the market recovers, we will be closely monitoring two things: the price volatility and the US dollar inflows. First, a 5%-10% daily volatility is bad, regardless of its direction. A 10% jump in asset prices is as worrying as a 10% fall...
US Congress passed the much-expected $2-trillion fiscal stimulus package, the largest in the US history, to fight the coronavirus-induced economic slowdown and to halt the heavy bleeding across the financial markets...
Pivot (invalidation): 23.50 Our preference Long positions above 23.50 with targets at 26.25 & 27.20 in extension. Alternative scenario...
Pivot (invalidation): 14.0400 Our preference Long positions above 14.0400 with targets at 14.7000 & 14.9000 in extension. Alternative scenario...
Pivot (invalidation): 1603.00 Our preference Long positions above 1603.00 with targets at 1643.00 & 1668.00 in extension. Alternative scenario...