Jiming Huang / Blog
Pivot (invalidation): 1.2740 Our preference Long positions above 1.2740 with targets at 1.2825 & 1.2850 in extension. Alternative scenario...
Pivot (invalidation): 1.1115 Our preference Long positions above 1.1115 with targets at 1.1160 & 1.1185 in extension. Alternative scenario...
Gold recorded wild swings last Friday. The price of an ounce tanked to $1562 despite the heavy sell-off in the equity space. The precious metal traded near the $1600 on Monday...
Equities in Shanghai kicked off the week with a 3% rebound despite the decline in Caixin manufacturing index to the lowest on record. February read showed that manufacturing in China slowed at the fastest pace since the collect of data began in 2004...
Pivot (invalidation): 44.90 Our preference Long positions above 44.90 with targets at 46.80 & 47.70 in extension...
Pivot (invalidation): 16.6400 Our preference Long positions above 16.6400 with targets at 17.2100 & 17.4000 in extension. Alternative scenario...
Pivot (invalidation): 1579.00 Our preference Long positions above 1579.00 with targets at 1606.00 & 1618.00 in extension. Alternative scenario...
Pivot (invalidation): 2976.00 Our preference Short positions below 2976.00 with targets at 2855.00 & 2770.00 in extension. Alternative scenario...
Pivot (invalidation): 12200.00 Our preference Short positions below 12200.00 with targets at 11460.00 & 11220.00 in extension. Alternative scenario...