Jiming Huang / Blog
Lots of red in equity markets at the start of the week. Following America’s weak payroll and wage data for November (following weak German GDP and export data), markets have ramped concern over slowing global growth...
In its hardest contraction since June 2014, Japan’s economy is facing its second drop since the beginning of the year. Largest contributors to the drop are: the trade war between Washington and Beijing; Typhoon Trami that disrupted production and distribution channels; and a 6...
Pivot (invalidation): 52.00 Our preference Long positions above 52.00 with targets at 52.90 & 53.40 in extension. Alternative scenario Below 52.00 look for further downside with 51.50 & 50.80 as targets...
Pivot (invalidation): 14.5300 Our preference Long positions above 14.5300 with targets at 14.6600 & 14.7200 in extension. Alternative scenario Below 14.5300 look for further downside with 14.4800 & 14.4000 as targets...
Pivot (invalidation): 1243.75 Our preference Long positions above 1243.75 with targets at 1253.00 & 1257.00 in extension. Alternative scenario Below 1243.75 look for further downside with 1241.00 & 1237.50 as targets...
Pivot (invalidation): 2600.00 Our preference Long positions above 2600.00 with targets at 2682.00 & 2708.00 in extension. Alternative scenario Below 2600.00 look for further downside with 2583.00 & 2555.00 as targets...
Pivot (invalidation): 10730.00 Our preference Long positions above 10730.00 with targets at 10960.00 & 11060.00 in extension. Alternative scenario Below 10730.00 look for further downside with 10640.00 & 10520.00 as targets...
Pivot (invalidation): 5.3230 Our preference Short positions below 5.3230 with targets at 5.2900 & 5.2590 in extension. Alternative scenario Above 5.3230 look for further upside with 5.3500 & 5.3750 as targets...
Pivot (invalidation): 0.7180 Our preference Long positions above 0.7180 with targets at 0.7245 & 0.7275 in extension. Alternative scenario Below 0.7180 look for further downside with 0.7160 & 0.7120 as targets...