Jiming Huang / Blog
May’s cabinet is changing its course. After the departure of David Davis, former Brexit Minister, it is the turn of Boris Johnson, Foreign Secretary to step down later in the afternoon...
Bulls made their great return on Monday on the back of disappointing wage growth on Friday that should ensure the Fed would act less aggressively than anticipated. The Dow Jones Industrial Average rose 1.31% to 24,776 points, while S&P500 added 0.88...
Our pivot (invalidation) point is at 6802. Our preference The downside prevails as Long as 6802 is resistance. Alternative scenario The upside breakout of 6802, would call for 6995 and 7109...
Pivot (invalidation): 1.1770 Our preference Short positions below 1.1770 with targets at 1.1720 & 1.1700 in extension. Alternative scenario Above 1.1770 look for further upside with 1.1790 & 1.1805 as targets...
Eight months before the UK leaves the EU, it appears that the British government is facing a difficult task. After convincing Ministers on Friday concerning her Brexit plan, Prime Minister May is facing an additional challenge...
The US dollar continued to lose ground on Monday after mixed economic data and escalating trade tensions. Investors reacted strongly to the last job report as they put the trade war story on the backburner...
Our pivot (invalidation) point stands at 6543. Our preference As Long as 6543 is support look for 7048. Alternative scenario The downside breakout of 6543 would call for 6349 and 6234...
Pivot (invalidation): 73.31 Our preference Long positions above 73.31 with targets at 74.46 & 74.80 in extension. Alternative scenario Below 73.31 look for further downside with 72.80 & 72.20 as targets...
Pivot (invalidation): 15.9400 Our preference Long positions above 15.9400 with targets at 16.1500 & 16.2200 in extension. Alternative scenario Below 15.9400 look for further downside with 15.8600 & 15.7500 as targets...