Jiming Huang / Blog
Pivot (invalidation): 1.0090 Our preference Short positions below 1.0090 with targets at 1.0050 & 1.0030 in extension. Alternative scenario Above 1.0090 look for further upside with 1.0110 & 1.0130 as targets...
Pivot (invalidation): 114.05 Our preference Short positions below 114.05 with targets at 113.70 & 113.55 in extension. Alternative scenario Above 114.05 look for further upside with 114.20 & 114.40 as targets...
Pivot (invalidation): 1.2950 Our preference Long positions above 1.2950 with targets at 1.3040 & 1.3080 in extension. Alternative scenario Below 1.2950 look for further downside with 1.2890 & 1.2840 as targets...
Pivot (invalidation): 1.1275 Our preference Long positions above 1.1275 with targets at 1.1320 & 1.1340 in extension. Alternative scenario Below 1.1275 look for further downside with 1.1250 & 1.1215 as targets...
Yesterday’s sharp drop in technology led by Apple’s fall of 5% pushed the global market downward. Hard hit is the technology index NASDAQ closing at -2.78%, followed by the Dow Jones at -2.32% and finally the S&P 500 at -1.97...
Three weeks after rejecting Italy’s deficit budget proposal, the EU will have to take serious decisions on 21 November. The consequence of inaction could have a tough impact on the Italian government, as Brussels could request Italy to transfer a deposit equivalent of 0...
Pivot (invalidation): 59.90 Our preference Short positions below 59.90 with targets at 58.70 & 58.05 in extension. Alternative scenario Above 59.90 look for further upside with 60.45 & 61.25 as targets...
Pivot (invalidation): 14.1300 Our preference Short positions below 14.1300 with targets at 14.0000 & 13.9100 in extension. Alternative scenario Above 14.1300 look for further upside with 14.2100 & 14.2800 as targets...
Pivot (invalidation): 1207.00 Our preference Short positions below 1207.00 with targets at 1199.50 & 1195.00 in extension. Alternative scenario Above 1207.00 look for further upside with 1211.50 & 1215.00 as targets...