Jiming Huang / Blog
Pivot (invalidation): 1.2995 Our preference Long positions above 1.2995 with targets at 1.3035 & 1.3060 in extension. Alternative scenario Below 1.2995 look for further downside with 1.2970 & 1.2945 as targets...
Pivot (invalidation): 1.1210 Our preference Long positions above 1.1210 with targets at 1.1245 & 1.1260 in extension. Alternative scenario Below 1.1210 look for further downside with 1.1190 & 1.1170 as targets...
Threat of a trade war escalation is increasing, and manufacturers would most certainly pay the price...
Equity futures erased yesterday gains after President Trump did toughen its language on China, saying that China “broke the deal” the two countries have been working on for months...
Pivot (invalidation): 61.35 Our preference Long positions above 61.35 with targets at 61.90 & 62.35 in extension. Alternative scenario Below 61.35 look for further downside with 61.10 & 60.65 as targets...
Pivot (invalidation): 14.9000 Our preference Short positions below 14.9000 with targets at 14.7300 & 14.6400 in extension. Alternative scenario Above 14.9000 look for further upside with 14.9500 & 15.0100 as targets...
Pivot (invalidation): 1285.00 Our preference Short positions below 1285.00 with targets at 1276.50 & 1272.50 in extension. Alternative scenario Above 1285.00 look for further upside with 1288.00 & 1291.50 as targets...
Pivot (invalidation): 2870.50 Our preference Long positions above 2870.50 with targets at 2902.25 & 2913.00 in extension. Alternative scenario Below 2870.50 look for further downside with 2862.25 & 2848.50 as targets...
Pivot (invalidation): 12070.00 Our preference Long positions above 12070.00 with targets at 12254.00 & 12315.00 in extension. Alternative scenario Below 12070.00 look for further downside with 12000.00 & 11900.00 as targets...