Jiming Huang / Blog

Pivot (invalidation): 1.3240 Our preference Long positions above 1.3240 with targets at 1.3310 & 1.3340 in extension. Alternative scenario Below 1.3240 look for further downside with 1.3210 & 1.3180 as targets...

Pivot (invalidation): 0.7215 Our preference Short positions below 0.7215 with targets at 0.7170 & 0.7145 in extension. Alternative scenario Above 0.7215 look for further upside with 0.7235 & 0.7260 as targets...

Pivot (invalidation): 1.2815 Our preference Long positions above 1.2815 with targets at 1.2880 & 1.2910 in extension. Alternative scenario Below 1.2815 look for further downside with 1.2780 & 1.2735 as targets...

Pivot (invalidation): 1.1490 Our preference Short positions below 1.1490 with targets at 1.1455 & 1.1435 in extension. Alternative scenario Above 1.1490 look for further upside with 1.1515 & 1.1540 as targets...

One week before the House of Commons is expected to debate and vote on the Withdrawal Agreement, it seems clear that the likelihood of seeing UK MPs voting in favor of May’s divorce deal as rather low...

Global trade, earnings downgrades, Brexit, and Fed policy cast a long shadow, but at the same time, there are signs that point to opportunities. US-Chinese trade talks ended and optimism about the outcome sent the Chinese yuan high and the US dollar lower yesterday afternoon...

Asian markets have been closing in positive territory as US and Chinese mid-level officials closed a three-day session in Beijing in good, progressing ways. Investors gained confidence as trade talks are expected to extend, with the advent of China Vice Premier Liu He in Washington in January...

Pivot (invalidation): 51.55 Our preference Long positions above 51.55 with targets at 53.35 & 53.80 in extension. Alternative scenario Below 51.55 look for further downside with 51.10 & 50.60 as targets...

Pivot (invalidation): 15.6800 Our preference Short positions below 15.6800 with targets at 15.6000 & 15.5200 in extension. Alternative scenario Above 15.6800 look for further upside with 15.7700 & 15.8100 as targets...

Pivot (invalidation): 1291.50 Our preference Short positions below 1291.50 with targets at 1289.00 & 1285.75 in extension. Alternative scenario Above 1291.50 look for further upside with 1294.50 & 1297.00 as targets...