Jiming Huang / Blog
Pivot (invalidation): 1.2210 Our preference Long positions above 1.2210 with targets at 1.2260 & 1.2295 in extension. Alternative scenario...
Pivot (invalidation): 1.1005 Our preference Long positions above 1.1005 with targets at 1.1050 & 1.1070 in extension. Alternative scenario...
CIO had previously expected the US to expand 1.8%, China, 5.8%, and the Eurozone, 1%. But the impact of the higher tariffs imposed by the US on Chinese goods – in stages on 1 September, 1 October and 15 December – will hit both consumers and companies by the first half of 2020...
Forecasting Brexit has gone from hard-to-impossible. The fluid, politically charged situation means scenarios changes with the news cycle. Times like this we would just like some popcorn to watch the action from the sidelines. It looks like the UK is heading for another useless extension...
Pivot (invalidation): 53.65 Our preference Long positions above 53.65 with targets at 54.60 & 55.00 in extension. Alternative scenario...
Pivot (invalidation): 19.1600 Our preference Long positions above 19.1600 with targets at 19.5900 & 19.7500 in extension. Alternative scenario...
Pivot (invalidation): 1539.00 Our preference Long positions above 1539.00 with targets at 1550.00 & 1555.00 in extension. Alternative scenario...
Pivot (invalidation): 2940.00 Our preference Short positions below 2940.00 with targets at 2890.00 & 2865.00 in extension. Alternative scenario...
Pivot (invalidation): 11945.00 Our preference Short positions below 11945.00 with targets at 11870.00 & 11840.00 in extension. Alternative scenario...