Jiming Huang / Blog
Pivot (invalidation): 0.9840 Our preference Short positions below 0.9840 with targets at 0.9805 & 0.9780 in extension. Alternative scenario Above 0.9840 look for further upside with 0.9860 & 0.9875 as targets...
Pivot (invalidation): 107.80 Our preference Long positions above 107.80 with targets at 108.15 & 108.35 in extension. Alternative scenario Below 107.80 look for further downside with 107.65 & 107.50 as targets...
Pivot (invalidation): 1.2520 Our preference Short positions below 1.2520 with targets at 1.2485 & 1.2460 in extension. Alternative scenario Above 1.2520 look for further upside with 1.2540 & 1.2555 as targets...
Pivot (invalidation): 1.1230 Our preference Short positions below 1.1230 with targets at 1.1200 & 1.1180 in extension. Alternative scenario Above 1.1230 look for further upside with 1.1245 & 1.1255 as targets...
As Neil Armstrong and the Apollo 11 crew prepared for their descent to the moon’s surface, an alarm sounded. A quarter of a million miles away, Mission Control worked out the problem, and deduced that the alarm could be safely ignored...
After a brief flirtation with “normalization” global central banks are now decidedly dovish. Likely to re-embark on a global easing cycle, starting with FOMC July 31st meeting...
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 55.10 & 54.70 as targets...
Pivot (invalidation): 16.2500 Our preference Long positions above 16.2500 with targets at 16.6300 & 16.7800 in extension. Alternative scenario Below 16.2500 look for further downside with 16.1000 & 15.9400 as targets...
Pivot (invalidation): 1434.00 Our preference Long positions above 1434.00 with targets at 1453.00 & 1461.00 in extension. Alternative scenario Below 1434.00 look for further downside with 1428.00 & 1422.00 as targets...