Jiming Huang / Blog
A US-China trade deal is close. Adherence to the spirit of the deal will be difficult; the countries have completely different economic systems that will not converge by ending punitive tariffs and buying more planes. Most appreciation of CNY has already occurred...
It has been a busy week in the House of Commons as the deadline set by the EU for the UK’s exit from the EU is approaching at lightning speed. UK lawmakers will be voting on Theresa May’s Brexit plan for the third time this year, on January 15th and on March 12th...
Pivot (invalidation): 59.15 Our preference Long positions above 59.15 with targets at 60.10 & 60.35 in extension. Alternative scenario Below 59.15 look for further downside with 58.75 & 58.45 as targets...
Pivot (invalidation): 15.1100 Our preference Short positions below 15.1100 with targets at 14.9500 & 14.8600 in extension. Alternative scenario Above 15.1100 look for further upside with 15.2000 & 15.2500 as targets...
Pivot (invalidation): 1299.00 Our preference Short positions below 1299.00 with targets at 1282.50 & 1279.50 in extension. Alternative scenario Above 1299.00 look for further upside with 1303.00 & 1308.00 as targets...
Pivot (invalidation): 2791.50 Our preference Long positions above 2791.50 with targets at 2829.00 & 2844.75 in extension. Alternative scenario Below 2791.50 look for further downside with 2783.25 & 2770.00 as targets...
Pivot (invalidation): 11500.00 Our preference Short positions below 11500.00 with targets at 11340.00 & 11235.00 in extension. Alternative scenario Above 11500.00 look for further upside with 11560.00 & 11620.00 as targets...
Pivot (invalidation): 5.5150 Our preference Long positions above 5.5150 with targets at 5.6100 & 5.6920 in extension. Alternative scenario Below 5.5150 look for further downside with 5.4650 & 5.3850 as targets...
Pivot (invalidation): 0.7090 Our preference Short positions below 0.7090 with targets at 0.7065 & 0.7055 in extension. Alternative scenario Above 0.7090 look for further upside with 0.7105 & 0.7120 as targets...