Jiming Huang / Blog
Pivot (invalidation): 1.3100 Our preference Short positions below 1.3100 with targets at 1.3030 & 1.2985 in extension. Alternative scenario...
Pivot (invalidation): 1.1435 Our preference Short positions below 1.1435 with targets at 1.1365 & 1.1325 in extension. Alternative scenario...
The Federal Reserve (Fed) expectations went ballistic. Activity on US sovereigns now suggests 70% probability for a 75-basis-point cut at next week’s policy meeting, and 30% probability for a 100-basis-point cut...
Russia punched investors in the face as it refused to follow OPEC with further production curbs to match the slump in oil demand caused by the coronavirus breakout at last week’s Vienna summit. Oil crashed more than 30% on Monday open, the most since 1991...
Pivot (invalidation): 30.50 Our preference Short positions below 30.50 with targets at 26.50 & 25.00 in extension. Alternative scenario...
Pivot (invalidation): 17.1000 Our preference Short positions below 17.1000 with targets at 16.6200 & 16.3700 in extension. Alternative scenario...
Pivot (invalidation): 1690.00 Our preference Short positions below 1690.00 with targets at 1642.00 & 1633.00 in extension. Alternative scenario...
Pivot (invalidation): 3035.00 Our preference Short positions below 3035.00 with targets at 2855.00 & 2780.00 in extension. Alternative scenario...
Pivot (invalidation): 11770.00 Our preference Short positions below 11770.00 with targets at 11293.00 & 11100.00 in extension. Alternative scenario...