Jiming Huang / Blog
Not much is moving in markets today. Drivers have been on repeat for so long investors are suffering from boredom. FX volatility has declined significantly of the past week but GBP volatility remains least effected. Cleary the lower pace fall is due to critical political premiums still relevant...
The last FOMC meeting left undeniable after-effects on investors’ mind-set. The last two days of trading clearly shows that market participants don’t know where to stand. Equities rallied sharply yesterday afternoon with the S&P 500 climbing more than 1% to around 2,854, gold sliding 1...
Pivot (invalidation): 60.25 Our preference Short positions below 60.25 with targets at 59.55 & 59.00 in extension. Alternative scenario Above 60.25 look for further upside with 60.65 & 60.95 as targets...
Pivot (invalidation): 15.5600 Our preference Short positions below 15.5600 with targets at 15.3500 & 15.2400 in extension. Alternative scenario Above 15.5600 look for further upside with 15.6300 & 15.6900 as targets...
Pivot (invalidation): 1314.00 Our preference Short positions below 1314.00 with targets at 1303.00 & 1298.50 in extension. Alternative scenario Above 1314.00 look for further upside with 1320.50 & 1326.00 as targets...
Pivot (invalidation): 2840.00 Our preference Long positions above 2840.00 with targets at 2863.25 & 2880.50 in extension. Alternative scenario Below 2840.00 look for further downside with 2827.50 & 2812.00 as targets...
Pivot (invalidation): 11640.00 Our preference Short positions below 11640.00 with targets at 11480.00 & 11444.00 in extension. Alternative scenario Above 11640.00 look for further upside with 11723.00 & 11790.00 as targets...
Pivot (invalidation): 5.4510 Our preference Long positions above 5.4510 with targets at 5.4780 & 5.4890 in extension. Alternative scenario Below 5.4510 look for further downside with 5.4320 & 5.4140 as targets...
Pivot (invalidation): 0.7120 Our preference Short positions below 0.7120 with targets at 0.7090 & 0.7075 in extension. Alternative scenario Above 0.7120 look for further upside with 0.7135 & 0.7150 as targets...