Jiming Huang / Blog
Pivot (invalidation): 0.9920 Our preference Short positions below 0.9920 with targets at 0.9895 & 0.9885 in extension. Alternative scenario...
Pivot (invalidation): 107.80 Our preference Long positions above 107.80 with targets at 108.05 & 108.20 in extension. Alternative scenario...
Pivot (invalidation): 1.2310 Our preference Short positions below 1.2310 with targets at 1.2270 & 1.2240 in extension. Alternative scenario...
Pivot (invalidation): 1.0945 Our preference Short positions below 1.0945 with targets at 1.0915 & 1.0905 in extension. Alternative scenario...
Things have turned for oil, which is set for the second weekly loss of the month. The impressive price appreciation that brought oil prices up by over 14% in three days following the presumed Iran attacks on Saudi Aramco oil facilities that caused a production drop by over 50% or 5...
Markets are mixed with clear drivers lacking. S&P 500 rebounded marginally on positive trade news. Yet Asian trading has been more tentative. Thursday Chinas top diplomat stated that China was willing to purchase additional US products and trade discussion would yields results...
o Pivot (invalidation): 56.60 Our preference Short positions below 56.60 with targets at 55.80 & 55.40 in extension...
Pivot (invalidation): 17.9600 Our preference Short positions below 17.9600 with targets at 17.7100 & 17.5700 in extension. Alternative scenario...
Pivot (invalidation): 1511.00 Our preference Short positions below 1511.00 with targets at 1500.00 & 1497.00 in extension. Alternative scenario...