Jiming Huang / Blog
Pivot (invalidation): 1.1225 Our preference Short positions below 1.1225 with targets at 1.1180 & 1.1160 in extension. Alternative scenario Above 1.1225 look for further upside with 1.1240 & 1.1255 as targets...
Perhaps it’s the summer heat is making our focus hazy. In light of the severe heatwave, like a baseball pitcher, we need to approach the markets with a narrow external focus. We have our sights set on FOMC meeting on July 31st. As this is the only thing that matters in our view...
Pivot (invalidation): 55.50 Our preference Long positions above 55.50 with targets at 56.80 & 57.30 in extension. Alternative scenario Below 55.50 look for further downside with 55.00 & 54.70 as targets...
Pivot (invalidation): 16.1500 Our preference Long positions above 16.1500 with targets at 16.5100 & 16.7300 in extension. Alternative scenario Below 16.1500 look for further downside with 16.0400 & 15.9400 as targets...
Pivot (invalidation): 1435.00 Our preference Short positions below 1435.00 with targets at 1420.00 & 1415.00 in extension. Alternative scenario Above 1435.00 look for further upside with 1441.00 & 1447.00 as targets...
Pivot (invalidation): 2990.00 Our preference Short positions below 2990.00 with targets at 2970.00 & 2956.00 in extension. Alternative scenario Above 2990.00 look for further upside with 3000.00 & 3009.00 as targets...
Pivot (invalidation): 12220.00 Our preference Long positions above 12220.00 with targets at 12340.00 & 12400.00 in extension. Alternative scenario Below 12220.00 look for further downside with 12160.00 & 12100.00 as targets...
Pivot (invalidation): 5.6310 Our preference Long positions above 5.6310 with targets at 5.6850 & 5.7090 in extension. Alternative scenario Below 5.6310 look for further downside with 5.5970 & 5.5620 as targets...
Pivot (invalidation): 0.7050 Our preference Short positions below 0.7050 with targets at 0.7035 & 0.7025 in extension. Alternative scenario Above 0.7050 look for further upside with 0.7065 & 0.7075 as targets...