Jiming Huang / Blog
Pivot (invalidation): 0.9945 Our preference Short positions below 0.9945 with targets at 0.9915 & 0.9900 in extension. Alternative scenario Above 0.9945 look for further upside with 0.9960 & 0.9975 as targets...
Pivot (invalidation): 108.55 Our preference Short positions below 108.55 with targets at 108.15 & 107.95 in extension. Alternative scenario Above 108.55 look for further upside with 108.70 & 108.80 as targets...
Pivot (invalidation): 1.2690 Our preference Short positions below 1.2690 with targets at 1.2665 & 1.2650 in extension. Alternative scenario Above 1.2690 look for further upside with 1.2705 & 1.2715 as targets...
Pivot (invalidation): 1.1290 Our preference Short positions below 1.1290 with targets at 1.1265 & 1.1250 in extension. Alternative scenario Above 1.1290 look for further upside with 1.1305 & 1.1325 as targets...
Even stretched, we doubt that today’s SNB Monetary policy assessment and following press conference will have any profound or global ramifications. The small, open Alpine country is at the mercy of larger superpowers. Policy setting in a purely reactionary position...
Pivot (invalidation): 51.70 Our preference Short positions below 51.70 with targets at 50.75 & 50.00 in extension. Alternative scenario Above 51.70 look for further upside with 52.40 & 52.80 as targets...
Pivot (invalidation): 14.7100 Our preference Long positions above 14.7100 with targets at 14.8700 & 14.9400 in extension. Alternative scenario Below 14.7100 look for further downside with 14.6300 & 14.5500 as targets...
Pivot (invalidation): 1331.50 Our preference Long positions above 1331.50 with targets at 1341.50 & 1346.00 in extension. Alternative scenario Below 1331.50 look for further downside with 1326.50 & 1323.00 as targets...
Pivot (invalidation): 2902.50 Our preference Short positions below 2902.50 with targets at 2871.50 & 2851.50 in extension. Alternative scenario Above 2902.50 look for further upside with 2913.25 & 2935.25 as targets...