Jiming Huang / Blog
Pivot (invalidation): 110.60 Our preference Long positions above 110.60 with targets at 111.10 & 111.30 in extension. Alternative scenario Below 110.60 look for further downside with 110.45 & 110.30 as targets...
Pivot (invalidation): 1.2900 Our preference Short positions below 1.2900 with targets at 1.2840 & 1.2810 in extension. Alternative scenario Above 1.2900 look for further upside with 1.2935 & 1.2975 as targets...
Pivot (invalidation): 1.1600 Our preference Short positions below 1.1600 with targets at 1.1515 & 1.1490 in extension. Alternative scenario Above 1.1600 look for further upside with 1.1640 & 1.1670 as targets...
What a difference a summer week makes! Just a week ago markets were calling for the end of days. Yesterday the sS&P 500 made an intraday all time high. USD continued to slide against G10 and EM currencies as DXY fell below its 50-dma...
Mexico’s new President, Andres Manuel Lopez Obrador (AMLO), has restarted talks with the USA on the North American Free Trade Agreement. US and Mexican officials have particularly covered how much North American content should be included in cars...
Pivot (invalidation): 6560 Our preference Long positions above 6560 with targets at 6855 & 7030 in extension. Alternative scenario Below 6560 look for further downside with 6410 & 6315 as targets...
Pivot (invalidation): 65.60 Our preference Long positions above 65.60 with targets at 66.50 & 66.80 in extension. Alternative scenario Below 65.60 look for further downside with 64.85 & 64.40 as targets...
Pivot (invalidation): 14.6500 Our preference Long positions above 14.6500 with targets at 14.8400 & 14.9600 in extension. Alternative scenario Below 14.6500 look for further downside with 14.5700 & 14.4800 as targets...
Pivot (invalidation): 1192.00 Our preference Long positions above 1192.00 with targets at 1199.00 & 1202.00 in extension. Alternative scenario Below 1192.00 look for further downside with 1187.50 & 1184.00 as targets...