Jiming Huang / Blog
Pivot (invalidation): 112.90 Our preference Long positions above 112.90 with targets at 113.35 & 113.60 in extension. Alternative scenario Below 112.90 look for further downside with 112.70 & 112.55 as targets...
Pivot (invalidation): 1.2950 Our preference Long positions above 1.2950 with targets at 1.3050 & 1.3090 in extension. Alternative scenario Below 1.2950 look for further downside with 1.2905 & 1.2855 as targets...
Pivot (invalidation): 1.1405 Our preference Short positions below 1.1405 with targets at 1.1370 & 1.1350 in extension. Alternative scenario Above 1.1405 look for further upside with 1.1430 & 1.1455 as targets...
The Hang Seng and Shanghai composite rose 4.21% and 2.70%, capping for a strong week. The surge is due to reports that US President Donald Trump is looking to reach an agreement with China’s President Xi Jinping about their trade dispute. We believe dealmaker Trump has over-played his hand...
Over the past few months, it seems that employment-growth has lost its importance, as the equity sell-off and stronger US yields encourage investors to take a more balanced allocation. Today’s announcement of non-farm-payrolls (NFPs) will be no exception, as investors continue to reload on risk...
Pivot (invalidation): 64.10 Our preference Short positions below 64.10 with targets at 63.10 & 62.25 in extension. Alternative scenario Above 64.10 look for further upside with 64.70 & 65.40 as targets...
Pivot (invalidation): 14.5800 Our preference Long positions above 14.5800 with targets at 14.7500 & 14.8200 in extension. Alternative scenario Below 14.5800 look for further downside with 14.4900 & 14.3600 as targets...
Pivot (invalidation): 1228.00 Our preference Long positions above 1228.00 with targets at 1237.50 & 1240.00 in extension. Alternative scenario Below 1228.00 look for further downside with 1225.50 & 1222.00 as targets...
Pivot (invalidation): 2704.25 Our preference Long positions above 2704.25 with targets at 2750.00 & 2800.00 in extension. Alternative scenario Below 2704.25 look for further downside with 2686.00 & 2650.00 as targets...