Jiming Huang / Blog
Pivot (invalidation): 0.7075 Our preference Long positions above 0.7075 with targets at 0.7100 & 0.7115 in extension. Alternative scenario Below 0.7075 look for further downside with 0.7055 & 0.7040 as targets...
Pivot (invalidation): 1.3115 Our preference Short positions below 1.3115 with targets at 1.3055 & 1.3025 in extension. Alternative scenario Above 1.3115 look for further upside with 1.3135 & 1.3150 as targets...
Pivot (invalidation): 0.9965 Our preference Short positions below 0.9965 with targets at 0.9935 & 0.9915 in extension. Alternative scenario Above 0.9965 look for further upside with 0.9980 & 1.0000 as targets...
Pivot (invalidation): 112.30 Our preference Long positions above 112.30 with targets at 112.60 & 112.85 in extension. Alternative scenario Below 112.30 look for further downside with 112.15 & 111.95 as targets...
Pivot (invalidation): 1.2965 Our preference Long positions above 1.2965 with targets at 1.3005 & 1.3045 in extension. Alternative scenario Below 1.2965 look for further downside with 1.2935 & 1.2900 as targets...
Pivot (invalidation): 1.1450 Our preference Long positions above 1.1450 with targets at 1.1490 & 1.1515 in extension. Alternative scenario Below 1.1450 look for further downside with 1.1430 & 1.1400 as targets...
Amidst lower Iranian exports, oil prices are dropping, pushed by mounting tensions between Saudi Arabia and the US in the wake of the Khashoggi murder. Brent Crude is below USD 80/barrel while WTI trades below USD 70, both under last weekend’s levels...
Is the next crisis finally here? Asian equities erased yesterday, with Chinese markets bearing the brunt. The CSI 300 fell 2.66%, while Hong Kong’s Hang Seng gave up 3.13%. In Europe, equities are also blinking red: the EuroSTOXX 600 fell 1...
Pivot (invalidation): 69.85 Our preference Short positions below 69.85 with targets at 68.90 & 68.52 in extension. Alternative scenario Above 69.85 look for further upside with 70.25 & 70.75 as targets...