Jiming Huang / Blog
Pivot (invalidation): 0.7195 Our preference Short positions below 0.7195 with targets at 0.7140 & 0.7120 in extension. Alternative scenario Above 0.7195 look for further upside with 0.7210 & 0.7225 as targets...
Pivot (invalidation): 1.3120 Our preference Long positions above 1.3120 with targets at 1.3165 & 1.3190 in extension. Alternative scenario Below 1.3120 look for further downside with 1.3100 & 1.3085 as targets...
Pivot (invalidation): 1.0010 Our preference Short positions below 1.0010 with targets at 0.9985 & 0.9970 in extension. Alternative scenario Above 1.0010 look for further upside with 1.0020 & 1.0035 as targets...
Pivot (invalidation): 110.05 Our preference Short positions below 110.05 with targets at 109.60 & 109.40 in extension. Alternative scenario Above 110.05 look for further upside with 110.20 & 110.45 as targets...
Pivot (invalidation): 1.2995 Our preference Short positions below 1.2995 with targets at 1.2925 & 1.2890 in extension. Alternative scenario Above 1.2995 look for further upside with 1.3025 & 1.3055 as targets...
Pivot (invalidation): 1.1420 Our preference Short positions below 1.1420 with targets at 1.1390 & 1.1370 in extension. Alternative scenario Above 1.1420 look for further upside with 1.1440 & 1.1460 as targets...
US equity markets have recovered sharply since, however, headwinds remain. US stocks moved quickly from over-bought to over-sold, as investors’ worries over US recession, trade tensions and Fed tighter monetary policy faded...
Despite a rise in inventories, crude prices continue to gain ground. All three crude oil futures – Brent, WTI and Shanghai – have bounced from their lows of December 2018, up 16.13%, 20.17% and 15.03% year-to-date...
Pivot (invalidation): 55.00 Our preference Short positions below 55.00 with targets at 54.10 & 53.65 in extension. Alternative scenario Above 55.00 look for further upside with 55.65 & 56.10 as targets...