Jiming Huang / Blog
Pivot (invalidation): 1.2840 Our preference Short positions below 1.2840 with targets at 1.2795 & 1.2765 in extension. Alternative scenario Above 1.2840 look for further upside with 1.2870 & 1.2910 as targets...
Pivot (invalidation): 1.1360 Our preference Short positions below 1.1360 with targets at 1.1325 & 1.1310 in extension. Alternative scenario Above 1.1360 look for further upside with 1.1380 & 1.1400 as targets...
The pound rose by 0.77% following yesterday’s announcement of a Brexit deal, but there is a long road yet ahead to ratification. The 27 European Union member states will vote on Sunday 25 November: a yes is expected, even though Spain is threatening to veto over Gibraltar...
Following a decline in shares due to weak corporate earnings and growth worries, European markets are opening in the green, supported by banks and technology sectors. At market opening, the UK FTSE 100 index (-9.15% year-to-date) is trading up 0.36%, Germany’s DAX and Spain’s IBEX 35 have risen 0...
Pivot (invalidation): 54.10 Our preference Short positions below 54.10 with targets at 52.80 & 52.00 in extension. Alternative scenario Above 54.10 look for further upside with 54.80 & 55.30 as targets...
Pivot (invalidation): 14.4300 Our preference Long positions above 14.4300 with targets at 14.5500 & 14.6200 in extension. Alternative scenario Below 14.4300 look for further downside with 14.3800 & 14.3300 as targets...
Pivot (invalidation): 1224.50 Our preference Long positions above 1224.50 with targets at 1230.00 & 1233.00 in extension. Alternative scenario Below 1224.50 look for further downside with 1222.00 & 1219.50 as targets...
Pivot (invalidation): 2670.00 Our preference Short positions below 2670.00 with targets at 2628.00 & 2600.00 in extension. Alternative scenario Above 2670.00 look for further upside with 2688.00 & 2721.00 as targets...
Pivot (invalidation): 11200.00 Our preference Short positions below 11200.00 with targets at 11120.00 & 11050.00 in extension. Alternative scenario Above 11200.00 look for further upside with 11260.00 & 11320.00 as targets...