Jiming Huang / Blog
Pivot (invalidation): 1.2785 Our preference Long positions above 1.2785 with targets at 1.2870 & 1.2900 in extension. Alternative scenario...
Pivot (invalidation): 1.1065 Our preference Long positions above 1.1065 with targets at 1.1085 & 1.1100 in extension. Alternative scenario...
The year-on-year change in bottom-up consensus earnings per share (EPS) estimates currently stands at -4.1% for the quarter...
GBP optimism appears to turn as traders finally consider that a Brexit “technical extension” is the most likely scenario to be favored by negotiating participants as details of the arrangement would require two additional months...
Pivot (invalidation): 53.25 Our preference Short positions below 53.25 with targets at 52.70 & 52.40 in extension. Alternative scenario...
Pivot (invalidation): 17.5000 Our preference Short positions below 17.5000 with targets at 17.3200 & 17.2500 in extension. Alternative scenario...
Pivot (invalidation): 1488.50 Our preference Short positions below 1488.50 with targets at 1477.00 & 1474.00 in extension. Alternative scenario...
Pivot (invalidation): 2972.00 Our preference Long positions above 2972.00 with targets at 3005.00 & 3028.00 in extension. Alternative scenario...
Pivot (invalidation): 12510.00 Our preference Long positions above 12510.00 with targets at 12760.00 & 12840.00 in extension. Alternative scenario...