Jiming Huang / Blog
Pivot (invalidation): 0.6120 Our preference Long positions above 0.6120 with targets at 0.6245 & 0.6300 in extension. Alternative scenario...
Pivot (invalidation): 1.3785 Our preference Long positions above 1.3785 with targets at 1.3900 & 1.3950 in extension. Alternative scenario...
Pivot (invalidation): 0.9525 Our preference Short positions below 0.9525 with targets at 0.9470 & 0.9435 in extension. Alternative scenario...
Pivot (invalidation): 106.40 Our preference Long positions above 106.40 with targets at 107.60 & 108.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2425 Our preference Short positions below 1.2425 with targets at 1.2255 & 1.2165 in extension. Alternative scenario...
Pivot (invalidation): 1.1055 Our preference Long positions above 1.1055 with targets at 1.1155 & 1.1200 in extension. Alternative scenario...
The latest sell-off has been a good test for the oil market. WTI crude held ground above $30 a barrel, laying the foundations of a solid support at this level...
US stocks had their worst day since 1987 even after the Federal Reserve’s (Fed) announcement to flood the market with $5 trillion dollar over the next month. The Dow closed 9.99% down, as the S&P500 and Nasdaq slumped 9.51% and 9.43% respectively...
Pivot (invalidation): 31.85 Our preference Short positions below 31.85 with targets at 30.00 & 29.20 in extension. Alternative scenario...