Jiming Huang / Blog
Pivot Point (level of invalidation 111,45): Our preference Short positions under 111,45 goals and 110,75 110,35 in extension. Alternative scenario Up 111,45 seek Greater indication upwards and 112,15 111,80 as objectives...
Pivot Point (Invalidation): 7938 Our preference Long positions with over 3700 in 12690 New objectives and in extension. Alternative scenario Under 12640 seek Greater indication of Low (or fall) with 12620 and 12605 as...
Pivot Point (Invalidation): 11400 Our preference Short positions under 11400 goals and 11370 11355 in extension. Alternative scenario Up to 11400 seek Greater indication upwards and 11430 11445 as targets...
Equities are under pressure Friday, as concerns over Sino-American trade tensions, a US government shutdown (due Friday midnight local time), recent Fed rate hikes and reports of Chinese officials hacking the US are scaring investors. Oil prices are also absorbed in the downward spiral...
President Trump’s policy both in trade and foreign relations will hyper-drive China into a global superpower. The US-China relationship will remain fundamental to global equilibrium: if it crashes, the global economy would freefall and destroy asset valuations...
Pivot (invalidation): 47.20 Our preference Short positions below 47.20 with targets at 45.65 & 44.70 in extension. Alternative scenario Above 47.20 look for further upside with 47.80 & 48.35 as targets...
Pivot (invalidation): 14.6800 Our preference Long positions above 14.6800 with targets at 14.8400 & 14.8900 in extension. Alternative scenario Below 14.6800 look for further downside with 14.6200 & 14.5300 as targets...
Pivot (invalidation): 1255.00 Our preference Long positions above 1255.00 with targets at 1266.50 & 1272.00 in extension. Alternative scenario Below 1255.00 look for further downside with 1251.00 & 1246.00 as targets...
Pivot (invalidation): 2530.00 Our preference Short positions below 2530.00 with targets at 2420.00 & 2375.00 in extension. Alternative scenario Above 2530.00 look for further upside with 2575.00 & 2608.00 as targets...