Jiming Huang / Blog
Pivot (invalidation): 5.6750 Our preference Short positions below 5.6750 with targets at 5.6480 & 5.6350 in extension. Alternative scenario...
Pivot (invalidation): 0.6875 Our preference Short positions below 0.6875 with targets at 0.6855 & 0.6845 in extension. Alternative scenario...
Pivot (invalidation): 1.3200 Our preference Long positions above 1.3200 with targets at 1.3225 & 1.3245 in extension. Alternative scenario...
Pivot (invalidation): 0.9915 Our preference Short positions below 0.9915 with targets at 0.9880 & 0.9865 in extension. Alternative scenario...
Pivot (invalidation): 107.95 Our preference Long positions above 107.95 with targets at 108.25 & 108.55 in extension. Alternative scenario...
Pivot (invalidation): 1.2310 Our preference Long positions above 1.2310 with targets at 1.2365 & 1.2380 in extension. Alternative scenario...
Pivot (invalidation): 1.1040 Our preference Long positions above 1.1040 with targets at 1.1085 & 1.1100 in extension. Alternative scenario...
Investors seem to have enough arguments to support risk appetite. The long-awaited ECB meeting along with fresh headlines from both the US and China are boosting equities which are set for another weekly gain...
Global equities continued to rally ahead of this afternoon ECB meeting during which Mario Draghi should deliver a massive easing package – at least this is what market participants are expecting. As in the prior 6 days, equities went up with futures on the S&P 500 climbing as much as 0...