Jiming Huang / Blog

Pivot (invalidation): 9358.00 Our preference Short positions below 9358.00 with targets at 8310.00 & 7800.00 in extension. Alternative scenario...

Pivot (invalidation): 6.4300 Our preference Short positions below 6.4300 with targets at 6.3790 & 6.3550 in extension. Alternative scenario...

Pivot (invalidation): 0.5965 Our preference Long positions above 0.5965 with targets at 0.6040 & 0.6085 in extension. Alternative scenario...

Pivot (invalidation): 1.4260 Our preference Short positions below 1.4260 with targets at 1.4130 & 1.4080 in extension. Alternative scenario...

Pivot (invalidation): 0.9620 Our preference Short positions below 0.9620 with targets at 0.9570 & 0.9535 in extension. Alternative scenario...

Pivot (invalidation): 107.85 Our preference Short positions below 107.85 with targets at 106.80 & 106.25 in extension. Alternative scenario...

Pivot (invalidation): 1.2045 Our preference Long positions above 1.2045 with targets at 1.2190 & 1.2265 in extension. Alternative scenario...

Pivot (invalidation): 1.0980 Our preference Long positions above 1.0980 with targets at 1.1050 & 1.1095 in extension. Alternative scenario...

Released yesterday, the NY Empire State Manufacturing Index tanked to -21.50 in March versus +4 expected by analysts and +12.90 printed a month earlier. Producer prices in Switzerland deflated by 2.1% in February versus -1.0% released a month before...

S equities rebounded past 3% after the Dow closed 12.93% lower, the S&P500 and Nasdaq tumbled 11.98% and 12.32% in the worst sell-off since 1987. The Fed’s 100-basis-point cut was fully bypassed by the market...