Jiming Huang / Blog
Pivot (invalidation): 1.1190 Our preference Long positions above 1.1190 with targets at 1.1230 & 1.1250 in extension. Alternative scenario Below 1.1190 look for further downside with 1.1170 & 1.1150 as targets...
After a stormy start into the week, financial markets stabilized somewhat on Tuesday morning. Asian equities closed the gap with their European and US counterparts with the Nikkei sliding 0.65% to 20,585 points and the CSI 300 tumbling 1.07% to 3,636...
Pivot (invalidation): 54.25 Our preference Long positions above 54.25 with targets at 56.05 & 56.50 in extension. Alternative scenario Below 54.25 look for further downside with 53.60 & 53.25 as targets...
Pivot (invalidation): 16.3500 Our preference Long positions above 16.3500 with targets at 16.5400 & 16.6500 in extension. Alternative scenario Below 16.3500 look for further downside with 16.2400 & 16.1000 as targets...
Pivot (invalidation): 1459.00 Our preference Long positions above 1459.00 with targets at 1475.00 & 1488.00 in extension. Alternative scenario Below 1459.00 look for further downside with 1452.00 & 1445.00 as targets...
Pivot (invalidation): 2877.00 Our preference Short positions below 2877.00 with targets at 2805.00 & 2780.00 in extension. Alternative scenario Above 2877.00 look for further upside with 2900.00 & 2930.00 as targets...
Pivot (invalidation): 11735.00 Our preference Short positions below 11735.00 with targets at 11620.00 & 11570.00 in extension. Alternative scenario Above 11735.00 look for further upside with 11870.00 & 11970.00 as targets...
Pivot (invalidation): 5.5910 Our preference Short positions below 5.5910 with targets at 5.5460 & 5.5230 in extension. Alternative scenario Above 5.5910 look for further upside with 5.6210 & 5.6450 as targets...