Jiming Huang / Profile

Stocks in China treaded water as the People’s Bank of China (PBoC) cut its key rate by 20 basis points to a record low of 3.85% as expected...

Pivot (invalidation): 24.90 Our preference Short positions below 24.90 with targets at 22.70 & 22.10 in extension. Alternative scenario...

Pivot (invalidation): 15.0600 Our preference Long positions above 15.0600 with targets at 15.4300 & 15.5500 in extension. Alternative scenario...

Pivot (invalidation): 1690.00 Our preference Short positions below 1690.00 with targets at 1670.00 & 1660.00 in extension. Alternative scenario...

Pivot (invalidation): 2803.00 Our preference Long positions above 2803.00 with targets at 2922.00 & 2960.00 in extension. Alternative scenario...

Pivot (invalidation): 10820.00 Our preference Short positions below 10820.00 with targets at 10460.00 & 10260.00 in extension. Alternative scenario...

Pivot (invalidation): 6.9390 Our preference Short positions below 6.9390 with targets at 6.8860 & 6.8550 in extension. Alternative scenario...

Pivot (invalidation): 0.6370 Our preference Short positions below 0.6370 with targets at 0.6310 & 0.6290 in extension. Alternative scenario...

Pivot (invalidation): 1.4030 Our preference Long positions above 1.4030 with targets at 1.4115 & 1.4160 in extension. Alternative scenario...

Pivot (invalidation): 0.9660 Our preference Long positions above 0.9660 with targets at 0.9695 & 0.9710 in extension. Alternative scenario...

Pivot (invalidation): 107.60 Our preference Long positions above 107.60 with targets at 107.95 & 108.10 in extension. Alternative scenario...

Pivot (invalidation): 1.2515 Our preference Short positions below 1.2515 with targets at 1.2455 & 1.2430 in extension. Alternative scenario...

Pivot (invalidation): 1.0880 Our preference Short positions below 1.0880 with targets at 1.0845 & 1.0830 in extension. Alternative scenario...

Gold retraced to $1700 per oz. WTI crude traded a touch below the $20 a barrel, while Brent consolidated near $28...

The sell-off in US and European markets lost pace despite less than ideal economic data, with major indices closing the day on a positive note. Nasdaq (+1.66%) stood out again, as demand in technology stocks remained strong. Biotech jumped 4...

Pivot (invalidation): 19.50 Our preference Long positions above 19.50 with targets at 20.20 & 20.50 in extension. Alternative scenario...

Pivot (invalidation): 15.5500 Our preference Short positions below 15.5500 with targets at 15.1800 & 15.1100 in extension. Alternative scenario...

Pivot (invalidation): 1721.00 Our preference Short positions below 1721.00 with targets at 1700.00 & 1689.00 in extension. Alternative scenario...

Pivot (invalidation): 2720.00 Our preference Long positions above 2720.00 with targets at 2849.00 & 2930.00 in extension. Alternative scenario...

Pivot (invalidation): 10100.00 Our preference Long positions above 10100.00 with targets at 10585.00 & 10700.00 in extension. Alternative scenario...