Jiming Huang / Blog
Gold advanced to $1575 an ounce and the yen gained on increased risk-haven trades. The USDJPY retreated after trading above the 110 mark. WTI crude held ground above the $51 a barrel, however, although the US stockpiles increased 7.5 million barrels last week versus 3...
US equities advanced to record highs yet another day on news that the rate of the coronavirus infection may be slowing and that the outbreak may not hit the US businesses as hard as first thought...
Pivot (invalidation): 17.5300 Our preference Long positions above 17.5300 with targets at 17.6700 & 17.7300 in extension. Alternative scenario...
Pivot (invalidation): 50.90 Our preference Long positions above 50.90 with targets at 51.95 & 52.20 in extension. Alternative scenario...
Pivot (invalidation): 1568.00 Our preference Long positions above 1568.00 with targets at 1577.00 & 1581.50 in extension. Alternative scenario...
Pivot (invalidation): 3355.00 Our preference Long positions above 3355.00 with targets at 3397.00 & 3410.00 in extension. Alternative scenario...
Pivot (invalidation): 13610.00 Our preference Long positions above 13610.00 with targets at 13830.00 & 13925.00 in extension. Alternative scenario...
Pivot (invalidation): 6.0310 Our preference Long positions above 6.0310 with targets at 6.0650 & 6.0790 in extension. Alternative scenario...
Pivot (invalidation): 0.6735 Our preference Short positions below 0.6735 with targets at 0.6710 & 0.6695 in extension. Alternative scenario...