Jiming Huang / Blog
Pivot (invalidation): 1.2940 Our preference Short positions below 1.2940 with targets at 1.2890 & 1.2870 in extension. Alternative scenario...
Pivot (invalidation): 1.0935 Our preference Short positions below 1.0935 with targets at 1.0900 & 1.0875 in extension. Alternative scenario...
FTSE (-0.16%) and DAX (-0.24%) futures hint at a lackluster start on Monday. The oil-heavy FTSE should continue feeling the pressure of lower oil prices after Russia refused to increase the production cuts to halt the coronavirus-led slide in oil prices...
Asian equity markets kicked off the week on a negative note as the spreading coronavirus was the major concern amid the virus took 900 lives and infested more than 40’000 people with cases outside Chine rising. There are also doubts that the numbers in China may be higher than reported...
Pivot (invalidation): 50.65 Our preference Short positions below 50.65 with targets at 49.90 & 49.55 in extension. Alternative scenario...
Pivot (invalidation): 17.6500 Our preference Long positions above 17.6500 with targets at 17.7500 & 17.8200 in extension. Alternative scenario...
Pivot (invalidation): 1567.00 Our preference Long positions above 1567.00 with targets at 1576.50 & 1580.00 in extension. Alternative scenario...
Pivot (invalidation): 3348.00 Our preference Short positions below 3348.00 with targets at 3306.00 & 3285.00 in extension. Alternative scenario...
Pivot (invalidation): 13550.00 Our preference Short positions below 13550.00 with targets at 13360.00 & 13270.00 in extension. Alternative scenario...