Jiming Huang / Blog
Wall Street will continue to rally at the start of this week, after closing flat on Friday but securing the best weekly performance in months. Last week, stocks surged on investor hopes that Democrats would not have full control over Congress...
Pivot (invalidation): 37.60 Our preference Long positions above 37.60 with targets at 38.90 & 39.35 in extension. Alternative scenario Below 37.60 look for further downside with 37.05 & 36.55 as targets...
Pivot (invalidation): 25.3700 Our preference Long positions above 25.3700 with targets at 26.0000 & 26.4400 in extension. Alternative scenario Below 25.3700 look for further downside with 24.9500 & 24.6300 as targets...
Pivot (invalidation): 1946.00 Our preference Long positions above 1946.00 with targets at 1967.00 & 1980.00 in extension. Alternative scenario Below 1946.00 look for further downside with 1935.00 & 1925.00 as targets...
Pivot (invalidation): 3485.00 Our preference Long positions above 3485.00 with targets at 3550.00 & 3587.00 in extension. Alternative scenario Below 3485.00 look for further downside with 3440.00 & 3405.00 as targets...
Pivot (invalidation): 12371.00 Our preference Long positions above 12371.00 with targets at 12650.00 & 12820.00 in extension. Alternative scenario Below 12371.00 look for further downside with 12200.00 & 12045.00 as targets...
Pivot (invalidation): 8.4450 Our preference Short positions below 8.4450 with targets at 8.3170 & 8.2500 in extension. Alternative scenario Above 8.4450 look for further upside with 8.5000 & 8.5700 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 0.7245 & 0.7225 as targets...
Pivot (invalidation): 1.3045 Our preference Short positions below 1.3045 with targets at 1.2990 & 1.2960 in extension. Alternative scenario Above 1.3045 look for further upside with 1.3070 & 1.3090 as targets...