Jiming Huang / Blog
Pivot (invalidation): 0.6680 Our preference Long positions above 0.6680 with targets at 0.6710 & 0.6735 in extension. Alternative scenario...
Pivot (invalidation): 1.3315 Our preference Short positions below 1.3315 with targets at 1.3280 & 1.3265 in extension. Alternative scenario...
Pivot (invalidation): 0.9755 Our preference Long positions above 0.9755 with targets at 0.9790 & 0.9805 in extension. Alternative scenario...
Pivot (invalidation): 109.55 Our preference Long positions above 109.55 with targets at 110.00 & 110.15 in extension. Alternative scenario...
Pivot (invalidation): 1.0965 Our preference Short positions below 1.0965 with targets at 1.0935 & 1.0910 in extension. Alternative scenario...
Pivot (invalidation): 1.2920 Our preference Short positions below 1.2920 with targets at 1.2870 & 1.2845 in extension. Alternative scenario...
US equities recorded timid gains on Thursday, while stocks in Asia edged lower on renewed anxieties about the spreading coronavirus as a Chinese doctor in Wuhan was reported dead and residents were asked to report their temperatures daily...
Even though a solid ADP number doesn’t necessarily predict a strong NFP read, the ADP report has a certain influence on the sentiment before the monthly NFP release, and that sentiment is positive this month. But the bigger picture tells a different story...
Pivot (invalidation): 50.70 Our preference Long positions above 50.70 with targets at 51.75 & 52.20 in extension. Alternative scenario...