Jiming Huang / Blog
Pivot (invalidation): 12010.00 Our preference Short positions below 12010.00 with targets at 11918.00 & 11876.00 in extension. Alternative scenario Above 12010.00 look for further upside with 12060.00 & 12112.00 as targets...
Pivot (invalidation): 5.6600 Our preference Long positions above 5.6600 with targets at 5.7170 & 5.7400 in extension. Alternative scenario Below 5.6600 look for further downside with 5.6280 & 5.6000 as targets...
Pivot (invalidation): 0.7110 Our preference Long positions above 0.7110 with targets at 0.7145 & 0.7165 in extension. Alternative scenario Below 0.7110 look for further downside with 0.7095 & 0.7085 as targets...
Pivot (invalidation): 1.3340 Our preference Short positions below 1.3340 with targets at 1.3295 & 1.3275 in extension. Alternative scenario Above 1.3340 look for further upside with 1.3365 & 1.3385 as targets...
Pivot (invalidation): 0.9995 Our preference Short positions below 0.9995 with targets at 0.9980 & 0.9965 in extension. Alternative scenario Above 0.9995 look for further upside with 1.0005 & 1.0015 as targets...
Pivot (invalidation): 111.55 Our preference Short positions below 111.55 with targets at 111.25 & 111.00 in extension. Alternative scenario Above 111.55 look for further upside with 111.75 & 111.85 as targets...
Pivot (invalidation): 1.3055 Our preference Long positions above 1.3055 with targets at 1.3090 & 1.3115 in extension. Alternative scenario Below 1.3055 look for further downside with 1.3035 & 1.3005 as targets...
Pivot (invalidation): 1.1250 Our preference Long positions above 1.1250 with targets at 1.1275 & 1.1285 in extension. Alternative scenario Below 1.1250 look for further downside with 1.1235 & 1.1220 as targets...
A rebound in US employment figures, ongoing sanctions in Iran, Venezuela and now war escalation in Libya without mentioning OPEC’s production cut and improving Sino-American trade discussions remain the major factors for current lift in oil prices...