Jiming Huang / Blog
China needs some good news. Judging from incoming data China’s economy has lost significant momentum. The bright side is that US-China trade discussions are making progress...
After the Bank of Japan cut its 2019 outlook for core inflation, the rate has improved, with the core gauge at 0.80% (prior: 0.70%) in January. Yet private consumption in the country declined in January, while a February manufacturing PMI of 48...
US-China trade discussions are making progress. Six memoranda of understanding are in draft that cover technology transfer and cyber theft, intellectual property rights, currency, agriculture and non-tariff barriers to trade. Expectations are that a 1 March tariff-hike will be avoided...
Pivot (invalidation): 57.20 Our preference Short positions below 57.20 with targets at 56.60 & 56.10 in extension. Alternative scenario Above 57.20 look for further upside with 57.60 & 58.00 as targets...
Pivot (invalidation): 15.9100 Our preference Short positions below 15.9100 with targets at 15.7600 & 15.6700 in extension. Alternative scenario Above 15.9100 look for further upside with 15.9800 & 16.0400 as targets...
Pivot (invalidation): 1332.00 Our preference Short positions below 1332.00 with targets at 1321.00 & 1314.00 in extension. Alternative scenario Above 1332.00 look for further upside with 1336.00 & 1341.00 as targets...
Pivot (invalidation): 2785.00 Our preference Short positions below 2785.00 with targets at 2763.00 & 2750.00 in extension. Alternative scenario Above 2785.00 look for further upside with 2795.00 & 2810.00 as targets...
Pivot (invalidation): 11310.00 Our preference Long positions above 11310.00 with targets at 11490.00 & 11560.00 in extension. Alternative scenario Below 11310.00 look for further downside with 11238.00 & 11170.00 as targets...
Pivot (invalidation): 5.3410 Our preference Short positions below 5.3410 with targets at 5.3040 & 5.2900 in extension. Alternative scenario Above 5.3410 look for further upside with 5.3630 & 5.3870 as targets...