Jiming Huang / Blog
Pivot (invalidation): 1.3300 Our preference Long positions above 1.3300 with targets at 1.3340 & 1.3360 in extension. Alternative scenario Below 1.3300 look for further downside with 1.3280 & 1.3245 as targets...
Pivot (invalidation): 0.9155 Our preference Long positions above 0.9155 with targets at 0.9200 & 0.9220 in extension. Alternative scenario Below 0.9155 look for further downside with 0.9140 & 0.9125 as targets...
Pivot (invalidation): 105.45 Our preference Long positions above 105.45 with targets at 105.80 & 106.00 in extension. Alternative scenario Below 105.45 look for further downside with 105.25 & 105.05 as targets...
Pivot (invalidation): 1.2920 Our preference Short positions below 1.2920 with targets at 1.2845 & 1.2820 in extension. Alternative scenario Above 1.2920 look for further upside with 1.2960 & 1.2985 as targets...
Pivot (invalidation): 1.1755 Our preference Short positions below 1.1755 with targets at 1.1710 & 1.1695 in extension. Alternative scenario Above 1.1755 look for further upside with 1.1770 & 1.1790 as targets...
In the commodity market, oil prices have continued their bullish stance after surging over 5% on Monday, supporting the energy sector...
US equities bounced back on Monday, driven by optimism surrounding President Donald Trump’s health condition, as he was discharged from the hospital and returned to the White House. Also, the stock market was supported by hopes of another package of stimulus...
Pivot (invalidation): 38.80 Our preference Long positions above 38.80 with targets at 39.85 & 40.40 in extension. Alternative scenario Below 38.80 look for further downside with 38.15 & 37.60 as targets...
Pivot (invalidation): 24.0200 Our preference Long positions above 24.0200 with targets at 24.5100 & 24.6800 in extension. Alternative scenario Below 24.0200 look for further downside with 23.6800 & 23.3600 as targets...