Jiming Huang / Blog
Pivot (invalidation): 1.1700 Our preference Long positions above 1.1700 with targets at 1.1770 & 1.1795 in extension. Alternative scenario Below 1.1700 look for further downside with 1.1665 & 1.1630 as targets...
n the commodity market, oil prices continue to recover, surging over 2% in early trading on Wednesday, after adding about 5% in the previous two sessions. Prices maintain their bullish stance after the American Petroleum Institute said that US crude inventories dropped by 8...
Wall Street saw its biggest gains in about five months, as Americans voted between incumbent President Donald Trump and Democrat candidate Joe Biden, who has been leading in the polls...
Pivot (invalidation): 37.45 Our preference Long positions above 37.45 with targets at 39.80 & 40.30 in extension. Alternative scenario Below 37.45 look for further downside with 36.55 & 35.80 as targets...
Pivot (invalidation): 24.2000 Our preference Short positions below 24.2000 with targets at 23.3700 & 23.1600 in extension. Alternative scenario Above 24.2000 look for further upside with 24.4900 & 24.8500 as targets...
Pivot (invalidation): 1906.00 Our preference Short positions below 1906.00 with targets at 1881.00 & 1872.00 in extension. Alternative scenario Above 1906.00 look for further upside with 1916.00 & 1925.00 as targets...
Pivot (invalidation): 3335.00 Our preference Long positions above 3335.00 with targets at 3425.00 & 3472.00 in extension. Alternative scenario Below 3335.00 look for further downside with 3273.00 & 3234.00 as targets...
Pivot (invalidation): 11950.00 Our preference Long positions above 11950.00 with targets at 12140.00 & 12300.00 in extension. Alternative scenario Below 11950.00 look for further downside with 11770.00 & 11660.00 as targets...
Pivot (invalidation): 8.4700 Our preference Short positions below 8.4700 with targets at 8.3780 & 8.3380 in extension. Alternative scenario Above 8.4700 look for further upside with 8.5000 & 8.5460 as targets...