Jiming Huang / Profile

Pivot (invalidation): 111.05 Our preference Short positions below 111.05 with targets at 110.40 & 110.05 in extension. Alternative scenario...

Pivot (invalidation): 1.1805 Our preference Long positions above 1.1805 with targets at 1.1890 & 1.1915 in extension. Alternative scenario...

Pivot (invalidation): 1.0865 Our preference Long positions above 1.0865 with targets at 1.0950 & 1.0985 in extension. Alternative scenario...

To assess how well the market recovers, we will be closely monitoring two things: the price volatility and the US dollar inflows. First, a 5%-10% daily volatility is bad, regardless of its direction. A 10% jump in asset prices is as worrying as a 10% fall...

US Congress passed the much-expected $2-trillion fiscal stimulus package, the largest in the US history, to fight the coronavirus-induced economic slowdown and to halt the heavy bleeding across the financial markets...

Pivot (invalidation): 23.50 Our preference Long positions above 23.50 with targets at 26.25 & 27.20 in extension. Alternative scenario...

Pivot (invalidation): 14.0400 Our preference Long positions above 14.0400 with targets at 14.7000 & 14.9000 in extension. Alternative scenario...

Pivot (invalidation): 1603.00 Our preference Long positions above 1603.00 with targets at 1643.00 & 1668.00 in extension. Alternative scenario...

Pivot (invalidation): 2300.00 Our preference Long positions above 2300.00 with targets at 2525.00 & 2630.00 in extension. Alternative scenario...

Pivot (invalidation): 9200.00 Our preference Long positions above 9200.00 with targets at 10000.00 & 10410.00 in extension. Alternative scenario...

Pivot (invalidation): 6.4640 Our preference Short positions below 6.4640 with targets at 6.4130 & 6.3890 in extension. Alternative scenario...

Pivot (invalidation): 0.5925 Our preference Long positions above 0.5925 with targets at 0.6030 & 0.6070 in extension. Alternative scenario...

Pivot (invalidation): 1.4455 Our preference Short positions below 1.4455 with targets at 1.4330 & 1.4280 in extension. Alternative scenario...

Pivot (invalidation): 0.9825 Our preference Short positions below 0.9825 with targets at 0.9775 & 0.9750 in extension. Alternative scenario...

Pivot (invalidation): 110.75 Our preference Long positions above 110.75 with targets at 111.70 & 112.00 in extension. Alternative scenario...

Pivot (invalidation): 1.1750 Our preference Long positions above 1.1750 with targets at 1.1845 & 1.1890 in extension. Alternative scenario...

Pivot (invalidation): 1.0750 Our preference Long positions above 1.0750 with targets at 1.0845 & 1.0890 in extension. Alternative scenario...

In Europe, both manufacturing and services PMI are expected to print their sharpest fall on record in March, after the coronavirus shutdowns took a toll on businesses and public life across the old continent...

Another surprise Federal Reserve (Fed) intervention yesterday helped curbing losses in New York, but the S&P500 and the Dow closed the day circa 3% lower, and Nasdaq was flat...

Pivot (invalidation): 23.05 Our preference Long positions above 23.05 with targets at 25.35 & 26.50 in extension. Alternative scenario...