Jiming Huang / Blog
Despite the punitive decision taken by the EU not to grant equivalence of Swiss stock market, countermeasures undertaken by Swiss authorities to safeguard Swiss equities have paid off. Since the change of regime, trading on Swiss stocks has gone smoothly, with both SMI and SPI indices gaining 1...
Unorthodox monetary policy since the post-financial crisis has always generated controversy. To ensure economic and financial stability during the financial crisis central banks expanded their tools to deal with extreme risks...
Pivot (invalidation): 56.70 Our preference Long positions above 56.70 with targets at 57.45 & 58.10 in extension. Alternative scenario Below 56.70 look for further downside with 56.10 & 55.35 as targets...
Pivot (invalidation): 15.2200 Our preference Long positions above 15.2200 with targets at 15.4200 & 15.4600 in extension. Alternative scenario Below 15.2200 look for further downside with 15.1400 & 15.1000 as targets...
Pivot (invalidation): 1423.00 Our preference Short positions below 1423.00 with targets at 1412.00 & 1403.00 in extension. Alternative scenario Above 1423.00 look for further upside with 1431.00 & 1437.50 as targets...
Pivot (invalidation): 2977.50 Our preference Long positions above 2977.50 with targets at 3001.00 & 3017.00 in extension. Alternative scenario Below 2977.50 look for further downside with 2958.00 & 2944.00 as targets...
Pivot (invalidation): 12520.00 Our preference Long positions above 12520.00 with targets at 12690.00 & 12740.00 in extension. Alternative scenario Below 12520.00 look for further downside with 12440.00 & 12400.00 as targets...
Pivot (invalidation): 5.6450 Our preference Short positions below 5.6450 with targets at 5.5940 & 5.5770 in extension. Alternative scenario Above 5.6450 look for further upside with 5.6650 & 5.7000 as targets...
Pivot (invalidation): 0.7015 Our preference Long positions above 0.7015 with targets at 0.7050 & 0.7070 in extension. Alternative scenario Below 0.7015 look for further downside with 0.7000 & 0.6985 as targets...