Jiming Huang / Blog
Pivot (invalidation): 0.9840 Our preference Long positions above 0.9840 with targets at 0.9860 & 0.9875 in extension. Alternative scenario Below 0.9840 look for further downside with 0.9825 & 0.9805 as targets...
Pivot (invalidation): 108.00 Our preference Long positions above 108.00 with targets at 108.30 & 108.50 in extension. Alternative scenario Below 108.00 look for further downside with 107.80 & 107.60 as targets...
Pivot (invalidation): 1.2500 Our preference Short positions below 1.2500 with targets at 1.2470 & 1.2450 in extension. Alternative scenario Above 1.2500 look for further upside with 1.2520 & 1.2540 as targets...
Pivot (invalidation): 1.1155 Our preference Short positions below 1.1155 with targets at 1.1125 & 1.1105 in extension. Alternative scenario Above 1.1155 look for further upside with 1.1185 & 1.1205 as targets...
After a solid start into the week, global equities took a breather on Wednesday, at least during the European morning, as earning season is in full swing. Investors are impatiently waiting the publication of a fresh batch of earnings, including At&T, Boeing and Caterpillar...
Pivot (invalidation): 56.35 Our preference Long positions above 56.35 with targets at 57.45 & 58.35 in extension. Alternative scenario Below 56.35 look for further downside with 55.80 & 55.15 as targets...
Pivot (invalidation): 16.3100 Our preference Long positions above 16.3100 with targets at 16.5800 & 16.7200 in extension. Alternative scenario Below 16.3100 look for further downside with 16.1500 & 16.0400 as targets...
Pivot (invalidation): 1425.00 Our preference Short positions below 1425.00 with targets at 1414.00 & 1406.00 in extension. Alternative scenario Above 1425.00 look for further upside with 1430.00 & 1435.00 as targets...
Pivot (invalidation): 2995.00 Our preference Long positions above 2995.00 with targets at 3009.00 & 3018.00 in extension. Alternative scenario Below 2995.00 look for further downside with 2986.00 & 2974.50 as targets...