Jiming Huang / Blog
Pivot (invalidation): 1.3020 Our preference Short positions below 1.3020 with targets at 1.2975 & 1.2950 in extension. Alternative scenario...
Pivot (invalidation): 1.1075 Our preference Short positions below 1.1075 with targets at 1.1050 & 1.1035 in extension. Alternative scenario...
WTI crude dipped below $51 a barrel, as Brent crude fell to $55.40. Gold spiked to $1591 per oz but corrected to the $1580 level as the US 10-year yield consolidated near 1.52%. Bitcoin traded past $9500. It looks like stock markets elsewhere could get away with the Monday sell-off. FTSE (+0...
Stocks in China nosedived 9% at the open as traders returned from a week-long Lunar Year break. Yuan fell past 7 against the US dollar, copper and iron tanked by the daily limit. The death toll due to the coronavirus rose to 360, more than 17’000 is said to be infected...
Pivot (invalidation): 51.75 Our preference Short positions below 51.75 with targets at 50.80 & 50.40 in extension. Alternative scenario...
Pivot (invalidation): 17.9600 Our preference Short positions below 17.9600 with targets at 17.6800 & 17.5600 in extension. Alternative scenario...
Pivot (invalidation): 1585.00 Our preference Short positions below 1585.00 with targets at 1578.00 & 1575.50 in extension. Alternative scenario...
Pivot (invalidation): 3242.00 Our preference Short positions below 3242.00 with targets at 3213.00 & 3190.00 in extension. Alternative scenario...
Pivot (invalidation): 13160.00 Our preference Short positions below 13160.00 with targets at 12880.00 & 12770.00 in extension. Alternative scenario...