Jiming Huang / Blog
Pivot (invalidation): 11990.00 Our preference Long positions above 11990.00 with targets at 12130.00 & 12170.00 in extension. Alternative scenario Below 11990.00 look for further downside with 11930.00 & 11845.00 as targets...
Pivot (invalidation): 6.0540 Our preference Long positions above 6.0540 with targets at 6.0990 & 6.1280 in extension. Alternative scenario Below 6.0540 look for further downside with 6.0390 & 6.0200 as targets...
Pivot (invalidation): 0.6910 Our preference Long positions above 0.6910 with targets at 0.6925 & 0.6940 in extension. Alternative scenario Below 0.6910 look for further downside with 0.6900 & 0.6890 as targets...
Pivot (invalidation): 1.3455 Our preference Short positions below 1.3455 with targets at 1.3425 & 1.3410 in extension. Alternative scenario Above 1.3455 look for further upside with 1.3470 & 1.3485 as targets...
Pivot (invalidation): 1.0025 Our preference Long positions above 1.0025 with targets at 1.0060 & 1.0075 in extension. Alternative scenario Below 1.0025 look for further downside with 1.0005 & 0.9990 as targets...
Pivot (invalidation): 109.60 Our preference Short positions below 109.60 with targets at 109.25 & 109.00 in extension. Alternative scenario Above 109.60 look for further upside with 109.75 & 109.95 as targets...
Pivot (invalidation): 1.2685 Our preference Short positions below 1.2685 with targets at 1.2665 & 1.2645 in extension. Alternative scenario Above 1.2685 look for further upside with 1.2700 & 1.2720 as targets...
Pivot (invalidation): 1.1195 Our preference Short positions below 1.1195 with targets at 1.1175 & 1.1160 in extension. Alternative scenario Above 1.1195 look for further upside with 1.1205 & 1.1215 as targets...
Today, the market activity will be limited due to the US holidays. Bitcoin rallied to $8’700 on the back of rising concerns over US and China trade tensions. Asia shares were mixed, yet Shanghai fell on Chinas industrial firms fell in April, highlight slowing growth...