Jiming Huang / Blog
Pivot (invalidation): 109.70 Our preference Long positions above 109.70 with targets at 110.10 & 110.30 in extension. Alternative scenario Below 109.70 look for further downside with 109.55 & 109.40 as targets...
Pivot (invalidation): 1.2960 Our preference Short positions below 1.2960 with targets at 1.2900 & 1.2875 in extension. Alternative scenario Above 1.2960 look for further upside with 1.2975 & 1.2995 as targets...
Pivot (invalidation): 1.1345 Our preference Short positions below 1.1345 with targets at 1.1300 & 1.1280 in extension. Alternative scenario Above 1.1345 look for further upside with 1.1360 & 1.1375 as targets...
The Reserve Bank of India (RBI) seems to have made a major turn back, adopting a full dovish rhetoric after having favored a hawkish stance in the past, a move that surprised the market, which was expecting a neutral posture given Fed’s recent monetary policy meeting...
The Bank of England (BoE) joined a growing list of central banks shifting gears towards a dovish stance. Following high profile adjustments at the Fed and ECB, the BoE indicated that Britain is now confronted its weakest economic growth in 10 years...
Three months ahead of general elections, the new Reserve Bank of India (RBI) Governor Das surprised the marketplace with a rate cut of 0.25%, putting the Current Rate at 6.25%. No change had been expected...
When central banks loosen money, it’s time to get bullish and fill your boots with shares. Loose money has been the primary inflator of asset prices in the last 10 years or longer. Should 2019 see slower economic growth – but easy money – equity prices will rise...
Pivot (invalidation): 52.75 Our preference Short positions below 52.75 with targets at 51.80 & 51.35 in extension. Alternative scenario Above 52.75 look for further upside with 53.10 & 53.75 as targets...
Pivot (invalidation): 15.6200 Our preference Long positions above 15.6200 with targets at 15.7500 & 15.8600 in extension. Alternative scenario Below 15.6200 look for further downside with 15.5400 & 15.4300 as targets...