Jiming Huang / Blog
Pivot (invalidation): 7.9190 Our preference Long positions above 7.9190 with targets at 7.9500 & 7.9620 in extension. Alternative scenario Below 7.9190 look for further downside with 7.9070 & 7.8940 as targets...
Pivot (invalidation): 0.7100 Our preference Short positions below 0.7100 with targets at 0.7055 & 0.7030 in extension. Alternative scenario Above 0.7100 look for further upside with 0.7125 & 0.7150 as targets...
Pivot (invalidation): 1.3205 Our preference Long positions above 1.3205 with targets at 1.3260 & 1.3290 in extension. Alternative scenario Below 1.3205 look for further downside with 1.3180 & 1.3160 as targets...
Pivot (invalidation): 0.9130 Our preference Long positions above 0.9130 with targets at 0.9155 & 0.9170 in extension. Alternative scenario Below 0.9130 look for further downside with 0.9120 & 0.9110 as targets...
Pivot (invalidation): 105.50 Our preference Short positions below 105.50 with targets at 105.00 & 104.85 in extension. Alternative scenario Above 105.50 look for further upside with 105.65 & 105.80 as targets...
Pivot (invalidation): 1.2935 Our preference Short positions below 1.2935 with targets at 1.2860 & 1.2840 in extension. Alternative scenario Above 1.2935 look for further upside with 1.2960 & 1.2990 as targets...
Pivot (invalidation): 1.1725 Our preference Short positions below 1.1725 with targets at 1.1690 & 1.1670 in extension. Alternative scenario Above 1.1725 look for further upside with 1.1740 & 1.1755 as targets...
In the commodity market, oil prices have lost about 0.20% on Thursday morning, but they gained over 2% yesterday. Crude prices were boosted after the American Petroleum Institute reported a 5.4 million barrel draw in inventories for last week, while investors expected a draw of 2...
US equities extended losses on Wednesday, as investors got even more hints pointing to no stimulus before the presidential election scheduled for November...