Jiming Huang / Blog
UK Prime Minister Theresa May is heading back to Brussels for what we see as a way to collect air-miles. There is zero evidence that anything has changed on either side of Brexit: concessions from the EU are highly unlikely...
Pivot (invalidation): 55.70 Our preference Long positions above 55.70 with targets at 56.90 & 57.60 in extension. Alternative scenario Below 55.70 look for further downside with 55.35 & 55.05 as targets...
Pivot (invalidation): 15.9500 Our preference Long positions above 15.9500 with targets at 16.1100 & 16.1800 in extension. Alternative scenario Below 15.9500 look for further downside with 15.8400 & 15.7200 as targets...
Pivot (invalidation): 1339.00 Our preference Long positions above 1339.00 with targets at 1349.00 & 1354.00 in extension. Alternative scenario Below 1339.00 look for further downside with 1335.00 & 1328.00 as targets...
Pivot (invalidation): 2763.00 Our preference Long positions above 2763.00 with targets at 2795.00 & 2804.50 in extension. Alternative scenario Below 2763.00 look for further downside with 2750.00 & 2737.00 as targets...
Pivot (invalidation): 11372.00 Our preference Short positions below 11372.00 with targets at 11213.00 & 11150.00 in extension. Alternative scenario Above 11372.00 look for further upside with 11429.00 & 11490.00 as targets...
Pivot (invalidation): 5.3000 Our preference Short positions below 5.3000 with targets at 5.2700 & 5.2550 in extension. Alternative scenario Above 5.3000 look for further upside with 5.3210 & 5.3330 as targets...
Pivot (invalidation): 0.7145 Our preference Long positions above 0.7145 with targets at 0.7190 & 0.7210 in extension. Alternative scenario Below 0.7145 look for further downside with 0.7125 & 0.7100 as targets...
Pivot (invalidation): 1.3220 Our preference Short positions below 1.3220 with targets at 1.3170 & 1.3150 in extension. Alternative scenario Above 1.3220 look for further upside with 1.3240 & 1.3260 as targets...