Jiming Huang / Blog
Pivot (invalidation): 0.9910 Our preference Long positions above 0.9910 with targets at 0.9945 & 0.9965 in extension. Alternative scenario Below 0.9910 look for further downside with 0.9890 & 0.9870 as targets...
Pivot (invalidation): 110.55 Our preference Long positions above 110.55 with targets at 110.95 & 111.15 in extension. Alternative scenario Below 110.55 look for further downside with 110.30 & 110.00 as targets...
Pivot (invalidation): 1.3100 Our preference Long positions above 1.3100 with targets at 1.3170 & 1.3220 in extension. Alternative scenario Below 1.3100 look for further downside with 1.3060 & 1.3015 as targets...
Pivot (invalidation): 1.1390 Our preference Short positions below 1.1390 with targets at 1.1345 & 1.1325 in extension. Alternative scenario Above 1.1390 look for further upside with 1.1410 & 1.1430 as targets...
Markets participants broadly expected the FOMC to be quite dovish. They were right. Back in December last year, it was considered reasonable to expect at least one rate hike in 2019...
Pivot (invalidation): 59.55 Our preference Long positions above 59.55 with targets at 60.35 & 60.95 in extension. Alternative scenario Below 59.55 look for further downside with 59.00 & 58.65 as targets...
Pivot (invalidation): 15.4200 Our preference Long positions above 15.4200 with targets at 15.6700 & 15.7500 in extension. Alternative scenario Below 15.4200 look for further downside with 15.3500 & 15.2400 as targets...
Pivot (invalidation): 1311.00 Our preference Long positions above 1311.00 with targets at 1324.00 & 1327.50 in extension. Alternative scenario Below 1311.00 look for further downside with 1304.00 & 1298.50 as targets...
Pivot (invalidation): 2815.00 Our preference Long positions above 2815.00 with targets at 2843.75 & 2852.00 in extension. Alternative scenario Below 2815.00 look for further downside with 2805.50 & 2797.00 as targets...