Jiming Huang / Blog
Pivot (invalidation): 0.7340 Our preference Long positions above 0.7340 with targets at 0.7370 & 0.7385 in extension. Alternative scenario Below 0.7340 look for further downside with 0.7325 & 0.7310 as targets...
Pivot (invalidation): 1.3030 Our preference Short positions below 1.3030 with targets at 1.2985 & 1.2960 in extension. Alternative scenario Above 1.3030 look for further upside with 1.3055 & 1.3080 as targets...
Pivot (invalidation): 0.9120 Our preference Short positions below 0.9120 with targets at 0.9095 & 0.9080 in extension. Alternative scenario Above 0.9120 look for further upside with 0.9135 & 0.9150 as targets...
Pivot (invalidation): 104.35 Our preference Long positions above 104.35 with targets at 104.60 & 104.75 in extension. Alternative scenario Below 104.35 look for further downside with 104.25 & 104.10 as targets...
Pivot (invalidation): 1.3335 Our preference Long positions above 1.3335 with targets at 1.3380 & 1.3400 in extension. Alternative scenario Below 1.3335 look for further downside with 1.3310 & 1.3290 as targets...
Pivot (invalidation): 1.1870 Our preference Long positions above 1.1870 with targets at 1.1920 & 1.1935 in extension. Alternative scenario Below 1.1870 look for further downside with 1.1840 & 1.1815 as targets...
In the commodity market, oil prices have surged to the highest level since March, following the vaccines news and the US presidential transition. Both Brent and WTI have gained over 1.1%. Brent is now trading above $46.5...
Pivot (invalidation): 42.80 Our preference Long positions above 42.80 with targets at 43.90 & 44.20 in extension. Alternative scenario Below 42.80 look for further downside with 42.55 & 42.30 as targets...