Jiming Huang / Blog
Pivot (invalidation): 0.9370 Our preference Short positions below 0.9370 with targets at 0.9295 & 0.9265 in extension. Alternative scenario...
Pivot (invalidation): 104.15 Our preference Short positions below 104.15 with targets at 102.80 & 102.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2850 Our preference Short positions below 1.2850 with targets at 1.2800 & 1.2780 in extension. Alternative scenario...
Pivot (invalidation): 1.1275 Our preference Long positions above 1.1275 with targets at 1.1365 & 1.1395 in extension. Alternative scenario...
The US stocks first gained 3.5%, then erased all gains and slipped to negative, and finally rallied to close the day near 5% higher, the biggest one day jump since December 2018 on hope that US President Donald Trump would deploy ‘substantial’ fiscal measures to halt the freefall in stock markets...
Pivot (invalidation): 33.60 Our preference Long positions above 33.60 with targets at 37.00 & 38.60 in extension. Alternative scenario...
Pivot (invalidation): 16.9000 Our preference Long positions above 16.9000 with targets at 17.1900 & 17.3500 in extension. Alternative scenario...
Pivot (invalidation): 1642.00 Our preference Long positions above 1642.00 with targets at 1671.00 & 1681.00 in extension. Alternative scenario...