Jiming Huang / Blog
Pivot (invalidation): 13316.00 Our preference Short positions below 13316.00 with targets at 13215.00 & 13140.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9310 Our preference Long positions above 5.9310 with targets at 5.9600 & 5.9710 in extension. Alternative scenario...
Pivot (invalidation): 0.6990 Our preference Long positions above 0.6990 with targets at 0.7015 & 0.7030 in extension. Alternative scenario...
Pivot (invalidation): 1.3070 Our preference Short positions below 1.3070 with targets at 1.3040 & 1.3025 in extension. Alternative scenario...
Pivot (invalidation): 0.9695 Our preference Short positions below 0.9695 with targets at 0.9665 & 0.9650 in extension. Alternative scenario...
Pivot (invalidation): 108.90 Our preference Short positions below 108.90 with targets at 108.45 & 108.25 in extension. Alternative scenario...
Pivot (invalidation): 1.3100 Our preference Long positions above 1.3100 with targets at 1.3150 & 1.3170 in extension. Alternative scenario...
Pivot (invalidation): 1.1195 Our preference Long positions above 1.1195 with targets at 1.1220 & 1.1235 in extension. Alternative scenario...
The US employment report is one of the most closely watched statistics in financial markets. As the previous chart shows, you should watch for quite a while before deciding what has happened. Revisions to payrolls have averaged over forty-one thousand since the start of 2018...