Jiming Huang / Blog
Pivot (invalidation): 104.35 Our preference Long positions above 104.35 with targets at 104.80 & 105.05 in extension. Alternative scenario Below 104.35 look for further downside with 104.15 & 104.00 as targets...
Pivot (invalidation): 1.2960 Our preference Short positions below 1.2960 with targets at 1.2910 & 1.2880 in extension. Alternative scenario Above 1.2960 look for further upside with 1.2985 & 1.3010 as targets...
Pivot (invalidation): 1.1665 Our preference Short positions below 1.1665 with targets at 1.1620 & 1.1600 in extension. Alternative scenario Above 1.1665 look for further upside with 1.1690 & 1.1705 as targets...
In the commodity market, oil prices are down about 1% after failing to continue recovery. Both WTI and Brent crude brands are set to end their worst month since March, as the more aggressive pandemic is damaging global demand...
Market sentiment has quickly deteriorated ahead of contentious US election and surging Covid outbreak. Markets have been blissfully ignoring warning signs for much for the autumn, but no longer...
Pivot (invalidation): 36.60 Our preference Short positions below 36.60 with targets at 35.90 & 35.50 in extension. Alternative scenario Above 36.60 look for further upside with 37.10 & 37.75 as targets...
Pivot (invalidation): 23.1800 Our preference Long positions above 23.1800 with targets at 23.8800 & 24.1700 in extension. Alternative scenario Below 23.1800 look for further downside with 23.0000 & 22.7300 as targets...
Pivot (invalidation): 1865.00 Our preference Long positions above 1865.00 with targets at 1884.00 & 1898.00 in extension. Alternative scenario Below 1865.00 look for further downside with 1859.00 & 1852.00 as targets...
Pivot (invalidation): 3367.00 Our preference Short positions below 3367.00 with targets at 3268.00 & 3240.00 in extension. Alternative scenario Above 3367.00 look for further upside with 3425.00 & 3465.00 as targets...