Jiming Huang / Blog
Pivot (invalidation): 1.1220 Our preference Short positions below 1.1220 with targets at 1.1200 & 1.1180 in extension. Alternative scenario Above 1.1220 look for further upside with 1.1230 & 1.1245 as targets...
Things have not taken the turn expected by investors. The rise of US trade duties on Chinese products pushed Chinese authorities to take a similar step and impose additional tariffs ranging from 5% to 25% on a total of $60 billion-worth US products such as natural gas, vegetables or cosmetics...
Investors almost forgot about crypto-currencies as the crypto-winter kept prices low. At the end of the month of March, Bitcoin price were stalling below the $4,000 threshold as the outlook for this emerging asset class remained clouded...
Pivot (invalidation): 61.70 Our preference Short positions below 61.70 with targets at 60.65 & 60.30 in extension. Alternative scenario Above 61.70 look for further upside with 61.95 & 62.30 as targets...
Pivot (invalidation): 14.7000 Our preference Long positions above 14.7000 with targets at 14.8600 & 14.9000 in extension. Alternative scenario Below 14.7000 look for further downside with 14.6000 & 14.5500 as targets...
Pivot (invalidation): 1295.50 Our preference Long positions above 1295.50 with targets at 1303.00 & 1306.00 in extension. Alternative scenario Below 1295.50 look for further downside with 1291.50 & 1288.00 as targets...
Pivot (invalidation): 2827.00 Our preference Short positions below 2827.00 with targets at 2800.00 & 2785.50 in extension. Alternative scenario Above 2827.00 look for further upside with 2840.50 & 2871.75 as targets...
Pivot (invalidation): 11980.00 Our preference Short positions below 11980.00 with targets at 11805.00 & 11730.00 in extension. Alternative scenario Above 11980.00 look for further upside with 12060.00 & 12140.00 as targets...
Pivot (invalidation): 6.0400 Our preference Long positions above 6.0400 with targets at 6.1280 & 6.1600 in extension. Alternative scenario Below 6.0400 look for further downside with 5.9900 & 5.9530 as targets...