Jiming Huang / Blog
Pivot (invalidation): 1.1755 Our preference Long positions above 1.1755 with targets at 1.1785 & 1.1805 in extension. Alternative scenario Below 1.1755 look for further downside with 1.1740 & 1.1725 as targets...
In the commodity market, oil prices are retreating from their regional peaks after Trump’s cancellation of stimulus negotiations, as investors are worried that the lack of government support will hurt consumer demand for oil...
Wall Street slumped on Tuesday after President Donald Trump called off talks on further coronavirus stimulus until after the election. Thus, equities reversed the robust gains from Monday and continued their wobble moves...
Pivot (invalidation): 40.30 Our preference Short positions below 40.30 with targets at 39.45 & 39.10 in extension. Alternative scenario Above 40.30 look for further upside with 40.85 & 41.30 as targets...
Pivot (invalidation): 23.7100 Our preference Short positions below 23.7100 with targets at 23.0500 & 22.8300 in extension. Alternative scenario Above 23.7100 look for further upside with 24.0000 & 24.2000 as targets...
Pivot (invalidation): 1891.00 Our preference Short positions below 1891.00 with targets at 1873.00 & 1864.00 in extension. Alternative scenario Above 1891.00 look for further upside with 1898.00 & 1906.00 as targets...
Pivot (invalidation): 3397.00 Our preference Short positions below 3397.00 with targets at 3323.00 & 3305.00 in extension. Alternative scenario Above 3397.00 look for further upside with 3431.00 & 3466.00 as targets...
Pivot (invalidation): 12965.00 Our preference Short positions below 12965.00 with targets at 12850.00 & 12780.00 in extension. Alternative scenario Above 12965.00 look for further upside with 13035.00 & 13100.00 as targets...
Pivot (invalidation): 7.7630 Our preference Long positions above 7.7630 with targets at 7.8250 & 7.8550 in extension. Alternative scenario Below 7.7630 look for further downside with 7.7400 & 7.7190 as targets...