Jiming Huang / Blog
Pivot (invalidation): 1.1725 Our preference Long positions above 1.1725 with targets at 1.1775 & 1.1795 in extension. Alternative scenario Below 1.1725 look for further downside with 1.1710 & 1.1690 as targets...
What would the Fed do – i.e. the US Federal Reserve in its monetary policy meeting that ends later today? Yesterday US consumer confidence came in at a 5-year high, driving hopes that GDP will sustain its current rate of acceleration...
Is Angela Merkel seeing the beginning of the end of her long run as German Chancellor? Yesterday’s vote for her party’s parliamentary head suggests as much. The Christian Union parties unexpectedly dumped Volker Kauder, a close Merkel ally, and instead elected Ralph Brinkhaus...
Pivot (invalidation): 71.80 Our preference Long positions above 71.80 with targets at 72.40 & 72.80 in extension. Alternative scenario Below 71.80 look for further downside with 71.35 & 70.90 as targets...
Pivot (invalidation): 14.3600 Our preference Long positions above 14.3600 with targets at 14.5600 & 14.6500 in extension. Alternative scenario Below 14.3600 look for further downside with 14.2700 & 14.2000 as targets...
Pivot (invalidation): 1198.00 Our preference Long positions above 1198.00 with targets at 1204.00 & 1207.50 in extension. Alternative scenario Below 1198.00 look for further downside with 1194.00 & 1191.50 as targets...
Pivot (invalidation): 2912.25 Our preference Long positions above 2912.25 with targets at 2927.00 & 2941.00 in extension. Alternative scenario Below 2912.25 look for further downside with 2904.00 & 2893.00 as targets...
Pivot (invalidation): 12415.00 Our preference Short positions below 12415.00 with targets at 12300.00 & 12240.00 in extension. Alternative scenario Above 12415.00 look for further upside with 12460.00 & 12530.00 as targets...
Pivot (invalidation): 6.1495 Our preference Long positions above 6.1495 with targets at 6.2015 & 6.2390 in extension. Alternative scenario Below 6.1495 look for further downside with 6.1170 & 6.0665 as targets...