Jiming Huang / Blog
Market participants headed into the weekend with mixed news. From the US labor report, NFP data came in slightly weaker than expected consistent with recent slowdown...
Pivot (invalidation): 56.40 Our preference Long positions above 56.40 with targets at 57.75 & 58.10 in extension. Alternative scenario...
Pivot (invalidation): 18.3100 Our preference Short positions below 18.3100 with targets at 17.7100 & 17.5200 in extension. Alternative scenario...
Pivot (invalidation): 1513.00 Our preference Short positions below 1513.00 with targets at 1502.00 & 1493.00 in extension. Alternative scenario...
Pivot (invalidation): 2943.00 Our preference Long positions above 2943.00 with targets at 3000.00 & 3029.00 in extension. Alternative scenario...
Pivot (invalidation): 12130.00 Our preference Long positions above 12130.00 with targets at 12253.00 & 12300.00 in extension. Alternative scenario...
Pivot (invalidation): 5.6990 Our preference Long positions above 5.6990 with targets at 5.7280 & 5.7500 in extension. Alternative scenario...
Pivot (invalidation): 0.6835 Our preference Long positions above 0.6835 with targets at 0.6860 & 0.6880 in extension. Alternative scenario...
Pivot (invalidation): 1.3190 Our preference Short positions below 1.3190 with targets at 1.3155 & 1.3130 in extension. Alternative scenario...