Jiming Huang / Blog
Pivot (invalidation): 5.3810 Our preference Short positions below 5.3810 with targets at 5.3610 & 5.3430 in extension. Alternative scenario Above 5.3810 look for further upside with 5.3930 & 5.4050 as targets...
Pivot (invalidation): 0.7105 Our preference Short positions below 0.7105 with targets at 0.7065 & 0.7050 in extension. Alternative scenario Above 0.7105 look for further upside with 0.7125 & 0.7145 as targets...
Pivot (invalidation): 1.3240 Our preference Long positions above 1.3240 with targets at 1.3310 & 1.3350 in extension. Alternative scenario Below 1.3240 look for further downside with 1.3205 & 1.3175 as targets...
Pivot (invalidation): 0.9975 Our preference Long positions above 0.9975 with targets at 1.0010 & 1.0025 in extension. Alternative scenario Below 0.9975 look for further downside with 0.9960 & 0.9945 as targets...
Pivot (invalidation): 111.60 Our preference Long positions above 111.60 with targets at 112.25 & 112.50 in extension. Alternative scenario Below 111.60 look for further downside with 111.30 & 111.05 as targets...
Pivot (invalidation): 1.3200 Our preference Long positions above 1.3200 with targets at 1.3285 & 1.3320 in extension. Alternative scenario Below 1.3200 look for further downside with 1.3170 & 1.3140 as targets...
Pivot (invalidation): 1.1390 Our preference Short positions below 1.1390 with targets at 1.1350 & 1.1335 in extension. Alternative scenario Above 1.1390 look for further upside with 1.1410 & 1.1420 as targets...
Asian stocks were higher across the board Friday as the MSC Index said it would increase weightings of Chinese mainland shares in its EM index, which is followed by over USD 2 trillion of assets. This is a meaningful shift: EM stocks and FX responds to flows...