Jiming Huang / Blog
Pivot (invalidation): 11205.00 Our preference Long positions above 11205.00 with targets at 11353.00 & 11420.00 in extension. Alternative scenario Below 11205.00 look for further downside with 11132.00 & 11051.00 as targets...
Pivot (invalidation): 5.3460 Our preference Short positions below 5.3460 with targets at 5.3000 & 5.2690 in extension. Alternative scenario Above 5.3460 look for further upside with 5.3670 & 5.3930 as targets...
Pivot (invalidation): 0.7305 Our preference Short positions below 0.7305 with targets at 0.7275 & 0.7250 in extension. Alternative scenario Above 0.7305 look for further upside with 0.7325 & 0.7340 as targets...
Pivot (invalidation): 1.3185 Our preference Short positions below 1.3185 with targets at 1.3155 & 1.3140 in extension. Alternative scenario Above 1.3185 look for further upside with 1.3200 & 1.3215 as targets...
Pivot (invalidation): 0.9955 Our preference Short positions below 0.9955 with targets at 0.9915 & 0.9880 in extension. Alternative scenario Above 0.9955 look for further upside with 0.9985 & 1.0010 as targets...
Pivot (invalidation): 112.65 Our preference Short positions below 112.65 with targets at 112.35 & 112.00 in extension. Alternative scenario Above 112.65 look for further upside with 112.85 & 113.15 as targets...
Pivot (invalidation): 1.2830 Our preference Long positions above 1.2830 with targets at 1.2880 & 1.2915 in extension. Alternative scenario Below 1.2830 look for further downside with 1.2800 & 1.2755 as targets...
Pivot (invalidation): 1.1420 Our preference Long positions above 1.1420 with targets at 1.1475 & 1.1500 in extension. Alternative scenario Below 1.1420 look for further downside with 1.1390 & 1.1365 as targets...
Eurozone equities remain in green, despite continued conflict over Italy’s budget. The BTP-Bund 10-year spread has remained at 3.05-3.15% since last Wednesday, suggesting that investors’ fear over Italian fiscal policy risk is stabilizing...