Jiming Huang / Blog
British pound optimism is over. EU chief negotiator Michel Barnier’s optimistic rhetoric is now sounding more concerned. After meeting with Brexit Secretary of State Dominic Raab in a one-hour meeting on Sunday, the tone of the negotiations has drastically changed...
After a painful last week, equities fell further on Monday with Asian markets blinking red across the screen. The Nikkei fell 1.87%, while Hong Kong’s Hang Seng slid 1.50...
Pivot (invalidation): 71.30 Our preference Long positions above 71.30 with targets at 72.70 & 73.60 in extension. Alternative scenario Below 71.30 look for further downside with 70.90 & 70.50 as targets...
Pivot (invalidation): 14.5200 Our preference Long positions above 14.5200 with targets at 14.7000 & 14.7700 in extension. Alternative scenario Below 14.5200 look for further downside with 14.4300 & 14.3400 as targets...
Pivot (invalidation): 1215.50 Our preference Long positions above 1215.50 with targets at 1226.50 & 1230.00 in extension. Alternative scenario Below 1215.50 look for further downside with 1210.50 & 1205.50 as targets...
Pivot (invalidation): 2785.00 Our preference Short positions below 2785.00 with targets at 2731.00 & 2710.00 in extension. Alternative scenario Above 2785.00 look for further upside with 2810.00 & 2831.25 as targets...
Pivot (invalidation): 11670.00 Our preference Short positions below 11670.00 with targets at 11400.00 & 11210.00 in extension. Alternative scenario Above 11670.00 look for further upside with 11750.00 & 11810.00 as targets...
Pivot (invalidation): 5.9380 Our preference Short positions below 5.9380 with targets at 5.8380 & 5.7680 in extension. Alternative scenario Above 5.9380 look for further upside with 6.0055 & 6.0810 as targets...
Pivot (invalidation): 0.7120 Our preference Short positions below 0.7120 with targets at 0.7095 & 0.7080 in extension. Alternative scenario Above 0.7120 look for further upside with 0.7130 & 0.7140 as targets...