Jiming Huang / Blog
Pivot (invalidation): 1.2735 Our preference Short positions below 1.2735 with targets at 1.2685 & 1.2665 in extension. Alternative scenario Above 1.2735 look for further upside with 1.2760 & 1.2785 as targets...
Pivot (invalidation): 1.1150 Our preference Long positions above 1.1150 with targets at 1.1170 & 1.1180 in extension. Alternative scenario Below 1.1150 look for further downside with 1.1140 & 1.1125 as targets...
The relief in AUD following the surprising reelection of PM Scottt Morrison conservative coalition for another four years was short-lived, as convictions of investors that the Reserve Bank of Australia will be cutting its Cash rate by 0...
Escalated tensions between the US and China remain the dominant driver in financial markets. Risk aversion overnight was reduced as the US Commerce Department stated it would provide temporary licenses for U.S exports to Huawei...
Pivot (invalidation): 62.80 Our preference Long positions above 62.80 with targets at 63.95 & 64.30 in extension. Alternative scenario Below 62.80 look for further downside with 62.45 & 62.15 as targets...
Pivot (invalidation): 14.5000 Our preference Short positions below 14.5000 with targets at 14.3600 & 14.3100 in extension. Alternative scenario Above 14.5000 look for further upside with 14.5700 & 14.6100 as targets...
Pivot (invalidation): 1279.00 Our preference Short positions below 1279.00 with targets at 1273.50 & 1270.50 in extension. Alternative scenario Above 1279.00 look for further upside with 1282.00 & 1284.50 as targets...
Pivot (invalidation): 2858.00 Our preference Short positions below 2858.00 with targets at 2824.00 & 2800.50 in extension. Alternative scenario Above 2858.00 look for further upside with 2890.00 & 2913.75 as targets...
Pivot (invalidation): 12120.00 Our preference Short positions below 12120.00 with targets at 11940.00 & 11870.00 in extension. Alternative scenario Above 12120.00 look for further upside with 12180.00 & 12270.00 as targets...