Jiming Huang / Blog
And with the manufacturing and non-manufacturing PMIs dropping below 50, we expect the weakness to continue in 1Q20...
Boeing Co. reported its first annual loss in more than two decades and said the costs from the 737 MAX crisis have climbed above $19 billion. The MAX has been grounded world-wide since last March following a pair of plane crashes within five months of each other that killed 346 people...
Pivot (invalidation): 53.30 Our preference Short positions below 53.30 with targets at 52.45 & 52.10 in extension. Alternative scenario...
Pivot (invalidation): 17.5000 Our preference Long positions above 17.5000 with targets at 17.7300 & 17.8500 in extension. Alternative scenario...
Pivot (invalidation): 1574.50 Our preference Long positions above 1574.50 with targets at 1586.00 & 1588.50 in extension. Alternative scenario...
Pivot (invalidation): 13400.00 Our preference Short positions below 13400.00 with targets at 13230.00 & 13160.00 in extension. Alternative scenario...
Pivot (invalidation): 3258.00 Our preference Long positions above 3258.00 with targets at 3304.00 & 3337.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9490 Our preference Long positions above 5.9490 with targets at 5.9720 & 5.9880 in extension. Alternative scenario...
Pivot (invalidation): 0.6755 Our preference Short positions below 0.6755 with targets at 0.6720 & 0.6700 in extension. Alternative scenario...