Jiming Huang / Blog
Pivot (invalidation): 108.40 Our preference Short positions below 108.40 with targets at 107.50 & 107.00 in extension. Alternative scenario Above 108.40 look for further upside with 108.70 & 109.00 as targets...
Pivot (invalidation): 1.2755 Our preference Long positions above 1.2755 with targets at 1.2820 & 1.2855 in extension. Alternative scenario Below 1.2755 look for further downside with 1.2730 & 1.2705 as targets...
Pivot (invalidation): 1.1530 Our preference Long positions above 1.1530 with targets at 1.1595 & 1.1620 in extension. Alternative scenario Below 1.1530 look for further downside with 1.1505 & 1.1485 as targets...
Equities are rallying on optimism that the US-China trade dispute might be resolved. A scheduled two days of negotiation was extended by a third day, suggesting things are going well...
Pivot (invalidation): 49.20 Our preference Long positions above 49.20 with targets at 51.25 & 52.15 in extension. Alternative scenario Below 49.20 look for further downside with 48.70 & 48.30 as targets...
Pivot (invalidation): 15.5600 Our preference Long positions above 15.5600 with targets at 15.7500 & 15.8100 in extension. Alternative scenario Below 15.5600 look for further downside with 15.4800 & 15.4200 as targets...
Pivot (invalidation): 1281.25 Our preference Long positions above 1281.25 with targets at 1287.00 & 1290.00 in extension. Alternative scenario Below 1281.25 look for further downside with 1279.00 & 1276.00 as targets...
Pivot (invalidation): 2530.00 Our preference Long positions above 2530.00 with targets at 2583.00 & 2637.00 in extension. Alternative scenario Below 2530.00 look for further downside with 2473.00 & 2440.00 as targets...
Pivot (invalidation): 10720.00 Our preference Long positions above 10720.00 with targets at 10910.00 & 10980.00 in extension. Alternative scenario Below 10720.00 look for further downside with 10680.00 & 10610.00 as targets...