Jiming Huang / Blog
Pivot (invalidation): 1.1520 Our preference Short positions below 1.1520 with targets at 1.1490 & 1.1475 in extension. Alternative scenario Above 1.1520 look for further upside with 1.1540 & 1.1560 as targets...
Pivot (invalidation): 0.8905 Our preference Short positions below 0.8905 with targets at 0.8885 & 0.8875 in extension. Alternative scenario Above 0.8905 look for further upside with 0.8915 & 0.8925 as targets...
Pivot (invalidation): 0.7380 Our preference Long positions above 0.7380 with targets at 0.7410 & 0.7425 in extension. Alternative scenario Below 0.7380 look for further downside with 0.7365 & 0.7345 as targets...
Pivot (invalidation): 1.2985 Our preference Long positions above 1.2985 with targets at 1.3020 & 1.3040 in extension. Alternative scenario Below 1.2985 look for further downside with 1.2965 & 1.2945 as targets...
Pivot (invalidation): 0.9930 Our preference Long positions above 0.9930 with targets at 0.9965 & 0.9980 in extension. Alternative scenario Below 0.9930 look for further downside with 0.9915 & 0.9900 as targets...
Pivot (invalidation): 111.50 Our preference Short positions below 111.50 with targets at 111.10 & 110.85 in extension. Alternative scenario Above 111.50 look for further upside with 111.75 & 112.00 as targets...
Pivot (invalidation): 1.3025 Our preference Short positions below 1.3025 with targets at 1.2970 & 1.2950 in extension. Alternative scenario Above 1.3025 look for further upside with 1.3045 & 1.3065 as targets...
Pivot (invalidation): 1.1600 Our preference Short positions below 1.1600 with targets at 1.1540 & 1.1510 in extension. Alternative scenario Above 1.1600 look for further upside with 1.1630 & 1.1655 as targets...
Global inflation has changed a lot in the last 40 years. In the mid-1970s, G7 countries' inflation was over 14%. Since 1993, G7 inflation has almost never been above 3%. What caused this? It was not globalization...