Jiming Huang / Blog
Pivot (invalidation): 105.80 Our preference Short positions below 105.80 with targets at 105.35 & 105.15 in extension. Alternative scenario Above 105.80 look for further upside with 105.95 & 106.10 as targets...
Pivot (invalidation): 1.3000 Our preference Long positions above 1.3000 with targets at 1.3050 & 1.3080 in extension. Alternative scenario Below 1.3000 look for further downside with 1.2970 & 1.2950 as targets...
Pivot (invalidation): 1.1795 Our preference Long positions above 1.1795 with targets at 1.1835 & 1.1855 in extension. Alternative scenario Below 1.1795 look for further downside with 1.1780 & 1.1755 as targets...
In the commodity market, oil prices are retreating from weekly highs after surging over 3% on Thursday. Yesterday, crude rallied as Hurricane Delta forced producers in the US Gulf Coast to halt almost 92% of output...
Wall Street extended gains on Thursday and will likely end the week higher, as the index futures continue to ascend. Investor sentiment was boosted by hopes of new stimulus after President Donald Trump urged Congress to vote certain parts of the $2.4 trillion package proposed by Democrats...
Pivot (invalidation): 40.60 Our preference Long positions above 40.60 with targets at 41.70 & 42.20 in extension. Alternative scenario Below 40.60 look for further downside with 40.20 & 39.90 as targets...
Pivot (invalidation): 23.9700 Our preference Long positions above 23.9700 with targets at 24.5000 & 24.7500 in extension. Alternative scenario Below 23.9700 look for further downside with 23.6300 & 23.3300 as targets...
Pivot (invalidation): 1898.00 Our preference Long positions above 1898.00 with targets at 1921.00 & 1934.00 in extension. Alternative scenario Below 1898.00 look for further downside with 1889.00 & 1881.00 as targets...
Pivot (invalidation): 3425.00 Our preference Long positions above 3425.00 with targets at 3466.00 & 3491.00 in extension. Alternative scenario Below 3425.00 look for further downside with 3380.00 & 3355.00 as targets...