Jiming Huang / Blog
Pivot (invalidation): 1.3165 Our preference Short positions below 1.3165 with targets at 1.3130 & 1.3110 in extension. Alternative scenario...
Pivot (invalidation): 0.9905 Our preference Long positions above 0.9905 with targets at 0.9930 & 0.9950 in extension. Alternative scenario...
Pivot (invalidation): 107.45 Our preference Long positions above 107.45 with targets at 107.85 & 108.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2335 Our preference Long positions above 1.2335 with targets at 1.2360 & 1.2380 in extension. Alternative scenario...
Pivot (invalidation): 1.1035 Our preference Long positions above 1.1035 with targets at 1.1060 & 1.1070 in extension. Alternative scenario...
The latest batch of European data does not paint a bright picture of the economy. The first signs of weakness came from German when manufacturing PMIs dropped below the 50 threshold and economic growth contracted in the second quarter...
Markets are extruding a bit of skepticism and exhaustion when it comes to US-China trade negotiations. US Treasury Secretary Steven Mnuchin sound positive in remarks on trade talks yesterday stating they have “made a lot of progress”...
Pivot (invalidation): 57.70 Our preference Long positions above 57.70 with targets at 58.65 & 59.30 in extension. Alternative scenario...
Pivot (invalidation): 18.0100 Our preference Short positions below 18.0100 with targets at 17.7100 & 17.5200 in extension. Alternative scenario...