Jiming Huang / Blog
Pivot (invalidation): 11355.00 Our preference Short positions below 11355.00 with targets at 11230.00 & 11190.00 in extension. Alternative scenario Above 11355.00 look for further upside with 11410.00 & 11488.00 as targets...
Pivot (invalidation): 5.1850 Our preference Short positions below 5.1850 with targets at 5.1300 & 5.0860 in extension. Alternative scenario Above 5.1850 look for further upside with 5.2080 & 5.2410 as targets...
Pivot (invalidation): 0.7295 Our preference Long positions above 0.7295 with targets at 0.7345 & 0.7360 in extension. Alternative scenario Below 0.7295 look for further downside with 0.7275 & 0.7250 as targets...
Pivot (invalidation): 1.3255 Our preference Long positions above 1.3255 with targets at 1.3315 & 1.3340 in extension. Alternative scenario Below 1.3255 look for further downside with 1.3235 & 1.3205 as targets...
Pivot (invalidation): 0.9940 Our preference Long positions above 0.9940 with targets at 0.9975 & 1.0005 in extension. Alternative scenario Below 0.9940 look for further downside with 0.9915 & 0.9900 as targets...
Pivot (invalidation): 113.20 Our preference Long positions above 113.20 with targets at 113.55 & 113.70 in extension. Alternative scenario Below 113.20 look for further downside with 113.00 & 112.80 as targets...
Pivot (invalidation): 1.2800 Our preference Short positions below 1.2800 with targets at 1.2760 & 1.2740 in extension. Alternative scenario Above 1.2800 look for further upside with 1.2820 & 1.2850 as targets...
Pivot (invalidation): 1.1365 Our preference Long positions above 1.1365 with targets at 1.1415 & 1.1435 in extension. Alternative scenario Below 1.1365 look for further downside with 1.1345 & 1.1310 as targets...
Will the US Federal Reserve Bank ease up on its interest-rate hikes? Yesterday’s speech by Fed chief Jerome Powell seemed to suggest that – and it set markets aflame. Both the Dow Jones Industrial Average and the S&P 500 gained 2.50% and 2...