Jiming Huang / Blog
Pivot (invalidation): 105.35 Our preference Long positions above 105.35 with targets at 105.65 & 105.80 in extension. Alternative scenario Below 105.35 look for further downside with 105.20 & 105.05 as targets...
Pivot (invalidation): 1.2910 Our preference Long positions above 1.2910 with targets at 1.2980 & 1.3010 in extension. Alternative scenario Below 1.2910 look for further downside with 1.2890 & 1.2860 as targets...
Pivot (invalidation): 1.1715 Our preference Long positions above 1.1715 with targets at 1.1740 & 1.1755 in extension. Alternative scenario Below 1.1715 look for further downside with 1.1700 & 1.1685 as targets...
In the commodity market, oil prices have tumbled over 3.5% after losing over 3.7% on Thursday. Crude prices are under pressure amid demand worries as the number of COVID infections continues to increase worldwide, forcing many states to impose lockdowns...
US stocks closed higher on Thursday for a second straight session, but that was possible thanks to an initial surge driven by stimulus hopes. After US House Speaker Nancy Pelosi criticized the counteroffer made by the Trump administration, which seeks a $1...
Pivot (invalidation): 39.70 Our preference Long positions above 39.70 with targets at 40.35 & 40.80 in extension. Alternative scenario Below 39.70 look for further downside with 39.25 & 38.70 as targets...
Pivot (invalidation): 23.6700 Our preference Short positions below 23.6700 with targets at 23.1100 & 22.8200 in extension. Alternative scenario Above 23.6700 look for further upside with 23.9500 & 24.1100 as targets...
Pivot (invalidation): 1895.00 Our preference Short positions below 1895.00 with targets at 1880.00 & 1875.00 in extension. Alternative scenario Above 1895.00 look for further upside with 1902.00 & 1907.00 as targets...
Pivot (invalidation): 3393.00 Our preference Short positions below 3393.00 with targets at 3305.00 & 3255.00 in extension. Alternative scenario Above 3393.00 look for further upside with 3428.00 & 3475.00 as targets...