Jiming Huang / Blog
Pivot (invalidation): 0.9115 Our preference Short positions below 0.9115 with targets at 0.9090 & 0.9080 in extension. Alternative scenario Above 0.9115 look for further upside with 0.9125 & 0.9140 as targets...
Pivot (invalidation): 103.90 Our preference Short positions below 103.90 with targets at 103.60 & 103.40 in extension. Alternative scenario Above 103.90 look for further upside with 104.05 & 104.20 as targets...
Pivot (invalidation): 1.3285 Our preference Long positions above 1.3285 with targets at 1.3350 & 1.3370 in extension. Alternative scenario Below 1.3285 look for further downside with 1.3255 & 1.3225 as targets...
Pivot (invalidation): 1.1850 Our preference Long positions above 1.1850 with targets at 1.1890 & 1.1905 in extension. Alternative scenario Below 1.1850 look for further downside with 1.1830 & 1.1815 as targets...
In the commodity market, oil prices are moving sideways and might end the week at Monday levels. The crude prices were under pressure amid surging COVID cases and downbeat labor market data released by the US...
US equities partially recovered on Thursday, after tumbling over 1% in the previous session. Investors reacted positively to the new stimulus hopes, which offset the worries over tighter restrictions and layoffs related to the surging coronavirus infection rates...
Pivot (invalidation): 41.55 Our preference Long positions above 41.55 with targets at 42.15 & 42.65 in extension. Alternative scenario Below 41.55 look for further downside with 41.25 & 40.80 as targets...
Pivot (invalidation): 24.1800 Our preference Short positions below 24.1800 with targets at 23.8800 & 23.6200 in extension. Alternative scenario Above 24.1800 look for further upside with 24.4100 & 24.6200 as targets...
Pivot (invalidation): 1869.00 Our preference Short positions below 1869.00 with targets at 1857.00 & 1852.00 in extension. Alternative scenario Above 1869.00 look for further upside with 1875.00 & 1884.00 as targets...