Jiming Huang / Blog
Pivot (invalidation): 1.1320 Our preference Long positions above 1.1320 with targets at 1.1360 & 1.1385 in extension. Alternative scenario Below 1.1320 look for further downside with 1.1300 & 1.1280 as targets...
The Japanese economy is facing a difficult slowdown. So the Bank of Japan revised its estimates downward, starting with inflation: now not expected to reach the long-maintained target of 2% by year-end. Economic growth is now forecast at 1.40% (prior: 1...
The two largest worries for investors are rising interest rates and US-China trade war. What will higher rates do to economic expansion? How will a trade war damage China’s already-weak growth and erode corporate profits...
Pivot (invalidation): 66.85 Our preference Short positions below 66.85 with targets at 66.00 & 65.75 in extension. Alternative scenario Above 66.85 look for further upside with 67.25 & 67.60 as targets...
Pivot (invalidation): 14.4700 Our preference Short positions below 14.4700 with targets at 14.3500 & 14.2800 in extension. Alternative scenario Above 14.4700 look for further upside with 14.5100 & 14.5600 as targets...
Pivot (invalidation): 1223.50 Our preference Short positions below 1223.50 with targets at 1217.00 & 1213.00 in extension. Alternative scenario Above 1223.50 look for further upside with 1226.50 & 1229.00 as targets...
Pivot (invalidation): 2641.00 Our preference Long positions above 2641.00 with targets at 2723.00 & 2755.00 in extension. Alternative scenario Below 2641.00 look for further downside with 2602.50 & 2570.00 as targets...
Pivot (invalidation): 11200.00 Our preference Long positions above 11200.00 with targets at 11395.00 & 11448.00 in extension. Alternative scenario Below 11200.00 look for further downside with 11118.00 & 11050.00 as targets...
Pivot (invalidation): 5.5000 Our preference Short positions below 5.5000 with targets at 5.4580 & 5.4350 in extension. Alternative scenario Above 5.5000 look for further upside with 5.5300 & 5.5700 as targets...