Jiming Huang / Blog
Pivot (invalidation): 13347.00 Our preference Short positions below 13347.00 with targets at 13234.00 & 13190.00 in extension. Alternative scenario Above 13347.00 look for further upside with 13380.00 & 13460.00 as targets...
Pivot (invalidation): 7.9180 Our preference Short positions below 7.9180 with targets at 7.8400 & 7.8000 in extension. Alternative scenario Above 7.9180 look for further upside with 7.9600 & 8.0000 as targets...
Pivot (invalidation): 0.7350 Our preference Long positions above 0.7350 with targets at 0.7390 & 0.7410 in extension. Alternative scenario Below 0.7350 look for further downside with 0.7335 & 0.7320 as targets...
Pivot (invalidation): 1.3025 Our preference Short positions below 1.3025 with targets at 1.3000 & 1.2985 in extension. Alternative scenario Above 1.3025 look for further upside with 1.3040 & 1.3055 as targets...
Pivot (invalidation): 0.9080 Our preference Short positions below 0.9080 with targets at 0.9035 & 0.9020 in extension. Alternative scenario Above 0.9080 look for further upside with 0.9095 & 0.9115 as targets...
Pivot (invalidation): 104.25 Our preference Short positions below 104.25 with targets at 103.70 & 103.50 in extension. Alternative scenario Above 104.25 look for further upside with 104.45 & 104.60 as targets...
Pivot (invalidation): 1.3345 Our preference Long positions above 1.3345 with targets at 1.3380 & 1.3400 in extension. Alternative scenario Below 1.3345 look for further downside with 1.3320 & 1.3300 as targets...
Pivot (invalidation): 1.1905 Our preference Long positions above 1.1905 with targets at 1.1940 & 1.1955 in extension. Alternative scenario Below 1.1905 look for further downside with 1.1885 & 1.1870 as targets...
In the commodity market, oil prices continue to rally after data from the US Energy Information Administration (EIA) suggested a draw of 754,000 barrels in crude supply last week, while analysts anticipated a build of 127,000 barrels. Both Brent and WTI have gained almost 0...