Jiming Huang / Blog
Pivot (invalidation): 5.4480 Our preference Long positions above 5.4480 with targets at 5.4720 & 5.4890 in extension. Alternative scenario Below 5.4480 look for further downside with 5.4270 & 5.4100 as targets...
Pivot (invalidation): 0.7085 Our preference Short positions below 0.7085 with targets at 0.7060 & 0.7045 in extension. Alternative scenario Above 0.7085 look for further upside with 0.7100 & 0.7120 as targets...
Pivot (invalidation): 1.3340 Our preference Short positions below 1.3340 with targets at 1.3270 & 1.3235 in extension. Alternative scenario Above 1.3340 look for further upside with 1.3370 & 1.3415 as targets...
Pivot (invalidation): 1.0060 Our preference Short positions below 1.0060 with targets at 1.0015 & 0.9995 in extension. Alternative scenario Above 1.0060 look for further upside with 1.0080 & 1.0100 as targets...
Pivot (invalidation): 111.30 Our preference Long positions above 111.30 with targets at 111.65 & 111.80 in extension. Alternative scenario Below 111.30 look for further downside with 111.10 & 110.95 as targets...
Pivot (invalidation): 1.3310 Our preference Short positions below 1.3310 with targets at 1.3200 & 1.3145 in extension. Alternative scenario Above 1.3310 look for further upside with 1.3380 & 1.3415 as targets...
Pivot (invalidation): 1.1300 Our preference Long positions above 1.1300 with targets at 1.1350 & 1.1380 in extension. Alternative scenario Below 1.1300 look for further downside with 1.1275 & 1.1250 as targets...
More than two weeks after the USA extended deadlines, Chinese-American trade talks seem to be coming to an end. China is rightfully worried, because its growth target for 2019 has been reduced to 6-6.50% and might be reduced further; its budget deficit target of 2...
Pivot (invalidation): 56.75 Our preference Long positions above 56.75 with targets at 57.55 & 57.90 in extension. Alternative scenario Below 56.75 look for further downside with 56.30 & 55.95 as targets...