Jiming Huang / Blog
Despite a slowdown in economic growth, investors remain optimistic, pushing Chinese shares higher. The slowdown in 3Q GDP growth published last Friday at 6...
On Monday morning, Italian equities surged across the board, with financials rising the most, while treasury yields fell to a 1-month low. Last Friday, Moody’s Investors Service cut the country credit rating to Baa3, one notch above junk, amid rising concerns over Italy’s eroding fiscal strength...
Pivot (invalidation): 68.55 Our preference Long positions above 68.55 with targets at 69.75 & 70.35 in extension. Alternative scenario Below 68.55 look for further downside with 68.20 & 67.80 as targets...
Pivot (invalidation): 14.5800 Our preference Long positions above 14.5800 with targets at 14.7200 & 14.7700 in extension. Alternative scenario Below 14.5800 look for further downside with 14.5300 & 14.4700 as targets...
Pivot (invalidation): 1223.00 Our preference Long positions above 1223.00 with targets at 1231.00 & 1233.50 in extension. Alternative scenario Below 1223.00 look for further downside with 1221.00 & 1218.50 as targets...
Pivot (invalidation): 2798.00 Our preference Short positions below 2798.00 with targets at 2749.00 & 2728.00 in extension. Alternative scenario Above 2798.00 look for further upside with 2818.00 & 2846.75 as targets...
Pivot (invalidation): 11620.00 Our preference Short positions below 11620.00 with targets at 11500.00 & 11460.00 in extension. Alternative scenario Above 11620.00 look for further upside with 11680.00 & 11730.00 as targets...
Pivot (invalidation): 5.6050 Our preference Long positions above 5.6050 with targets at 5.6950 & 5.7700 in extension. Alternative scenario Below 5.6050 look for further downside with 5.5600 & 5.5150 as targets...
Pivot (invalidation): 0.7120 Our preference Short positions below 0.7120 with targets at 0.7090 & 0.7070 in extension. Alternative scenario Above 0.7120 look for further upside with 0.7135 & 0.7150 as targets...