Jiming Huang / Blog
In Europe, the UK and the EU finally signed a trade deal last week after months of debate. The text was published on Saturday. It includes a 1,246-page trade document, along with agreements on nuclear energy, civil nuclear energy, exchanging classified information, and more...
US stock index futures turned bullish after President Donald Trump gave up his threats to block the $900 billion stimulus package voted by Congress last week. He backed the relief bill a few hours ago. At the time of writing, futures on Dow Jones rose over 0...
In the commodity market, oil prices are declining for a third consecutive session, as investors react to concerns over the new COVID strain that may trigger more lockdowns and thus affect demand for crude...
US stocks were mixed on Tuesday, but bears dominated as concerns over the new COVID strain and downbeat economic data offset the optimism surrounding the second stimulus package. The S&P 500 fell 0.21%, the Dow lost 0.67%, while the tech-oriented Nasdaq rose 0...
Pivot (invalidation): 47.25 Our preference Short positions below 47.25 with targets at 45.70 & 45.20 in extension. Alternative scenario Above 47.25 look for further upside with 47.65 & 48.15 as targets...
Pivot (invalidation): 25.7500 Our preference Short positions below 25.7500 with targets at 24.9200 & 24.6700 in extension. Alternative scenario Above 25.7500 look for further upside with 26.0800 & 26.5000 as targets...
Pivot (invalidation): 1879.00 Our preference Short positions below 1879.00 with targets at 1855.00 & 1844.00 in extension. Alternative scenario Above 1879.00 look for further upside with 1886.00 & 1892.00 as targets...
Pivot (invalidation): 3707.00 Our preference Short positions below 3707.00 with targets at 3676.00 & 3665.00 in extension. Alternative scenario Above 3707.00 look for further upside with 3726.00 & 3745.00 as targets...
DAX Range. Pivot (invalidation): 13450.00 Our preference Short positions below 13450.00 with targets at 13310.00 & 13230.00 in extension...