Jiming Huang / Blog
Pivot (invalidation): 0.9945 Our preference Long positions above 0.9945 with targets at 0.9980 & 1.0000 in extension. Alternative scenario Below 0.9945 look for further downside with 0.9930 & 0.9915 as targets...
Pivot (invalidation): 112.35 Our preference Long positions above 112.35 with targets at 112.75 & 113.00 in extension. Alternative scenario Below 112.35 look for further downside with 112.20 & 112.05 as targets...
Pivot (invalidation): 1.3045 Our preference Long positions above 1.3045 with targets at 1.3075 & 1.3100 in extension. Alternative scenario Below 1.3045 look for further downside with 1.3015 & 1.2985 as targets...
Pivot (invalidation): 1.1485 Our preference Long positions above 1.1485 with targets at 1.1530 & 1.1545 in extension. Alternative scenario Below 1.1485 look for further downside with 1.1455 & 1.1435 as targets...
The Chinese economy expanded in Q3 by 6.50% yearly and 1.60% quarterly (prior: 6.70%, 1.80%), signalling a slowdown in growth, driven by weakness in manufacturing...
The stock market sell-off remains centred in developed economies. The Euro Stoxx 600 was down 0.42%, driven by Brexit deadlock and growing confrontation between the EU executive and the Italian populist coalition over the latter’s 2019 spending plan...
Pivot (invalidation): 68.50 Our preference Long positions above 68.50 with targets at 69.20 & 69.60 in extension. Alternative scenario Below 68.50 look for further downside with 68.20 & 67.80 as targets...
Pivot (invalidation): 14.5100 Our preference Long positions above 14.5100 with targets at 14.6600 & 14.7200 in extension. Alternative scenario Below 14.5100 look for further downside with 14.4300 & 14.3300 as targets...
Pivot (invalidation): 1223.50 Our preference Long positions above 1223.50 with targets at 1230.00 & 1233.00 in extension. Alternative scenario Below 1223.50 look for further downside with 1221.00 & 1218.50 as targets...