Jiming Huang / Blog
EU Pivot (invalidation): 1.1865 Our preference Short positions below 1.1865 with targets at 1.1815 & 1.1800 in extension. Alternative scenario Above 1.1865 look for further upside with 1.1880 & 1.1900 as targets...
In the commodity market, oil prices have declined as investors are worried about oversupply after an unexpected increase in US crude inventories...
Wall Street edged up on Tuesday, recovering part of previous losses. However, the three indexes departed from session highs. Investors priced in the cautious optimism surrounding the stimulus negotiations between Republican and Democrat lawmakers...
Pivot (invalidation): 41.10 Our preference Long positions above 41.10 with targets at 41.90 & 42.20 in extension. Alternative scenario Below 41.10 look for further downside with 40.90 & 40.55 as targets...
Pivot (invalidation): 24.7000 Our preference Long positions above 24.7000 with targets at 25.3700 & 25.5700 in extension. Alternative scenario Below 24.7000 look for further downside with 24.5600 & 24.3300 as targets...
Pivot (invalidation): 1908.00 Our preference Long positions above 1908.00 with targets at 1925.00 & 1932.00 in extension. Alternative scenario Below 1908.00 look for further downside with 1904.00 & 1899.00 as targets...
Pivot (invalidation): 3480.00 Our preference Short positions below 3480.00 with targets at 3420.00 & 3370.00 in extension. Alternative scenario Above 3480.00 look for further upside with 3515.00 & 3550.00 as targets...
Pivot (invalidation): 12850.00 Our preference Short positions below 12850.00 with targets at 12700.00 & 12599.00 in extension. Alternative scenario Above 12850.00 look for further upside with 12960.00 & 13030.00 as targets...
Pivot (invalidation): 7.8790 Our preference Short positions below 7.8790 with targets at 7.8470 & 7.8270 in extension. Alternative scenario Above 7.8790 look for further upside with 7.9050 & 7.9240 as targets...