Jiming Huang / Blog
Investors ended last week on a risk-on mood amid optimism regarding ongoing trade talks between China and the US. On Saturday, Treasury Secretary Steven Mnuchin said that the US and China were nearing the final stage of trade negotiations...
Pivot (invalidation): 64.05 Our preference Short positions below 64.05 with targets at 63.30 & 62.95 in extension. Alternative scenario Above 64.05 look for further upside with 64.30 & 64.65 as targets...
Pivot (invalidation): 15.0300 Our preference Short positions below 15.0300 with targets at 14.8800 & 14.8000 in extension. Alternative scenario Above 15.0300 look for further upside with 15.1000 & 15.1800 as targets...
Pivot (invalidation): 1292.50 Our preference Short positions below 1292.50 with targets at 1284.00 & 1280.50 in extension. Alternative scenario Above 1292.50 look for further upside with 1295.50 & 1299.50 as targets...
Pivot (invalidation): 2896.00 Our preference Long positions above 2896.00 with targets at 2910.50 & 2920.00 in extension. Alternative scenario Below 2896.00 look for further downside with 2888.25 & 2873.50 as targets...
Pivot (invalidation): 11930.00 Our preference Long positions above 11930.00 with targets at 12060.00 & 12112.00 in extension. Alternative scenario Below 11930.00 look for further downside with 11885.00 & 11845.00 as targets...
Pivot (invalidation): 5.7550 Our preference Long positions above 5.7550 with targets at 5.7970 & 5.8230 in extension. Alternative scenario Below 5.7550 look for further downside with 5.7290 & 5.7000 as targets...
Pivot (invalidation): 0.7155 Our preference Long positions above 0.7155 with targets at 0.7190 & 0.7205 in extension. Alternative scenario Below 0.7155 look for further downside with 0.7135 & 0.7115 as targets...
Pivot (invalidation): 1.3340 Our preference Short positions below 1.3340 with targets at 1.3310 & 1.3290 in extension. Alternative scenario Above 1.3340 look for further upside with 1.3355 & 1.3375 as targets...