Jiming Huang / Blog
Pivot (invalidation): 1.1305 Our preference Short positions below 1.1305 with targets at 1.1260 & 1.1240 in extension. Alternative scenario Above 1.1305 look for further upside with 1.1320 & 1.1335 as targets...
G20 meeting in Osaka prompted optimism all over the place. Major Asian stock markets closed above 2% across the board while European open is set for a rise as well. The greenback, as well as CNY are also gaining traction amid Trump – Xi meeting while the loonie is supported by surging oil prices...
Pivot (invalidation): 58.95 Our preference Long positions above 58.95 with targets at 60.10 & 60.50 in extension. Alternative scenario Below 58.95 look for further downside with 58.20 & 57.75 as targets...
Pivot (invalidation): 15.3100 Our preference Short positions below 15.3100 with targets at 15.1000 & 15.0000 in extension. Alternative scenario Above 15.3100 look for further upside with 15.4000 & 15.4600 as targets...
Pivot (invalidation): 1405.50 Our preference Short positions below 1405.50 with targets at 1384.00 & 1373.00 in extension. Alternative scenario Above 1405.50 look for further upside with 1415.00 & 1425.00 as targets...
Pivot (invalidation): 2928.00 Our preference Long positions above 2928.00 with targets at 2948.00 & 2964.00 in extension. Alternative scenario Below 2928.00 look for further downside with 2912.00 & 2895.00 as targets...
Pivot (invalidation): 12310.00 Our preference Long positions above 12310.00 with targets at 12440.00 & 12500.00 in extension. Alternative scenario Below 12310.00 look for further downside with 12240.00 & 12190.00 as targets...
Pivot (invalidation): 5.7750 Our preference Short positions below 5.7750 with targets at 5.7260 & 5.7000 in extension. Alternative scenario Above 5.7750 look for further upside with 5.8000 & 5.8260 as targets...
Pivot (invalidation): 0.7030 Our preference Short positions below 0.7030 with targets at 0.6985 & 0.6970 in extension. Alternative scenario Above 0.7030 look for further upside with 0.7045 & 0.7065 as targets...