Jiming Huang / Blog
Pivot (invalidation): 13000.00 Our preference Long positions above 13000.00 with targets at 13215.00 & 13297.00 in extension. Alternative scenario Below 13000.00 look for further downside with 12810.00 & 12670.00 as targets...
Pivot (invalidation): 7.6200 Our preference Short positions below 7.6200 with targets at 7.4960 & 7.4550 in extension. Alternative scenario Above 7.6200 look for further upside with 7.6680 & 7.7220 as targets...
Pivot (invalidation): 0.7265 Our preference Long positions above 0.7265 with targets at 0.7310 & 0.7330 in extension. Alternative scenario Below 0.7265 look for further downside with 0.7250 & 0.7235 as targets...
Pivot (invalidation): 1.3100 Our preference Short positions below 1.3100 with targets at 1.3050 & 1.3030 in extension. Alternative scenario Above 1.3100 look for further upside with 1.3125 & 1.3145 as targets...
Pivot (invalidation): 0.9125 Our preference Short positions below 0.9125 with targets at 0.9085 & 0.9070 in extension. Alternative scenario Above 0.9125 look for further upside with 0.9140 & 0.9155 as targets...
Pivot (invalidation): 104.00 Our preference Short positions below 104.00 with targets at 103.65 & 103.40 in extension. Alternative scenario Above 104.00 look for further upside with 104.20 & 104.40 as targets...
Pivot (invalidation): 1.3225 Our preference Long positions above 1.3225 with targets at 1.3280 & 1.3310 in extension. Alternative scenario Below 1.3225 look for further downside with 1.3195 & 1.3165 as targets...
Pivot (invalidation): 1.1850 Our preference Long positions above 1.1850 with targets at 1.1890 & 1.1910 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 retreating after hitting the highest level in two months. WTI has dropped 0.70%, and Brent has lost 0.38% on the back of demand worries amid new restrictions...