Jiming Huang / Blog
After the best weekly performance in more than two months, Wall Street maintains the bullish stance even though the hopes for another stimulus before the election faded on Sunday. At the time of writing, the S&P 500 and Dow Jones futures have gained over 0...
Pivot (invalidation): 40.65 Our preference Short positions below 40.65 with targets at 39.95 & 39.75 in extension. Alternative scenario Above 40.65 look for further upside with 41.00 & 41.40 as targets...
Pivot (invalidation): 24.7700 Our preference Long positions above 24.7700 with targets at 25.6000 & 26.0000 in extension. Alternative scenario Below 24.7700 look for further downside with 24.4500 & 24.1100 as targets...
Pivot (invalidation): 1916.00 Our preference Long positions above 1916.00 with targets at 1942.00 & 1954.00 in extension. Alternative scenario Below 1916.00 look for further downside with 1905.00 & 1896.00 as targets...
Pivot (invalidation): 3445.00 Our preference Long positions above 3445.00 with targets at 3510.00 & 3555.00 in extension. Alternative scenario Below 3445.00 look for further downside with 3410.00 & 3355.00 as targets...
Pivot (invalidation): 13010.00 Our preference Long positions above 13010.00 with targets at 13075.00 & 13100.00 in extension. Alternative scenario Below 13010.00 look for further downside with 12960.00 & 12900.00 as targets...
Pivot (invalidation): 7.8340 Our preference Long positions above 7.8340 with targets at 7.8990 & 7.9350 in extension. Alternative scenario Below 7.8340 look for further downside with 7.8020 & 7.7760 as targets...
Pivot (invalidation): 0.7200 Our preference Long positions above 0.7200 with targets at 0.7245 & 0.7270 in extension. Alternative scenario Below 0.7200 look for further downside with 0.7170 & 0.7145 as targets...
Pivot (invalidation): 1.3160 Our preference Short positions below 1.3160 with targets at 1.3105 & 1.3080 in extension. Alternative scenario Above 1.3160 look for further upside with 1.3180 & 1.3200 as targets...