Jiming Huang / Blog
As Q4 earnings start to roll out, the best scenario is that companies acknowledge natural cyclical softening within the context of economic expansion and explain tailwinds in specific sectors or industries. Investors are likely to react positively...
Pivot (invalidation): 51.55 Our preference Long positions above 51.55 with targets at 52.50 & 53.30 in extension. Alternative scenario Below 51.55 look for further downside with 51.25 & 50.75 as targets...
Pivot (invalidation): 15.6400 Our preference Short positions below 15.6400 with targets at 15.5200 & 15.4700 in extension. Alternative scenario Above 15.6400 look for further upside with 15.6900 & 15.7600 as targets...
Pivot (invalidation): 1290.25 Our preference Long positions above 1290.25 with targets at 1295.00 & 1297.00 in extension. Alternative scenario Below 1290.25 look for further downside with 1287.75 & 1286.00 as targets...
Pivot (invalidation): 2580.00 Our preference Long positions above 2580.00 with targets at 2636.00 & 2685.00 in extension. Alternative scenario Below 2580.00 look for further downside with 2545.00 & 2520.00 as targets...
Pivot (invalidation): 10860.00 Our preference Long positions above 10860.00 with targets at 11000.00 & 11070.00 in extension. Alternative scenario Below 10860.00 look for further downside with 10810.00 & 10760.00 as targets...
Pivot (invalidation): 5.3720 Our preference Short positions below 5.3720 with targets at 5.3240 & 5.2960 in extension. Alternative scenario Above 5.3720 look for further upside with 5.4170 & 5.4520 as targets...
Pivot (invalidation): 0.7190 Our preference Short positions below 0.7190 with targets at 0.7145 & 0.7130 in extension. Alternative scenario Above 0.7190 look for further upside with 0.7210 & 0.7225 as targets...
Pivot (invalidation): 1.3235 Our preference Long positions above 1.3235 with targets at 1.3295 & 1.3315 in extension. Alternative scenario Below 1.3235 look for further downside with 1.3220 & 1.3195 as targets...