Jiming Huang / Profile

Pivot (invalidation): 1.1115 Our preference Long positions above 1.1115 with targets at 1.1160 & 1.1185 in extension. Alternative scenario...

Gold recorded wild swings last Friday. The price of an ounce tanked to $1562 despite the heavy sell-off in the equity space. The precious metal traded near the $1600 on Monday...

Equities in Shanghai kicked off the week with a 3% rebound despite the decline in Caixin manufacturing index to the lowest on record. February read showed that manufacturing in China slowed at the fastest pace since the collect of data began in 2004...

Pivot (invalidation): 44.90 Our preference Long positions above 44.90 with targets at 46.80 & 47.70 in extension...

Pivot (invalidation): 16.6400 Our preference Long positions above 16.6400 with targets at 17.2100 & 17.4000 in extension. Alternative scenario...

Pivot (invalidation): 1579.00 Our preference Long positions above 1579.00 with targets at 1606.00 & 1618.00 in extension. Alternative scenario...

Pivot (invalidation): 2976.00 Our preference Short positions below 2976.00 with targets at 2855.00 & 2770.00 in extension. Alternative scenario...

Pivot (invalidation): 12200.00 Our preference Short positions below 12200.00 with targets at 11460.00 & 11220.00 in extension. Alternative scenario...

Pivot (invalidation): 6.2350 Our preference Short positions below 6.2350 with targets at 6.1960 & 6.1730 in extension. Alternative scenario...

Pivot (invalidation): 0.6490 Our preference Long positions above 0.6490 with targets at 0.6540 & 0.6565 in extension. Alternative scenario...

Pivot (invalidation): 1.3390 Our preference Short positions below 1.3390 with targets at 1.3315 & 1.3275 in extension. Alternative scenario...

Pivot (invalidation): 0.9665 Our preference Short positions below 0.9665 with targets at 0.9615 & 0.9595 in extension. Alternative scenario...

Pivot (invalidation): 107.50 Our preference Long positions above 107.50 with targets at 108.80 & 109.30 in extension. Alternative scenario...

Pivot (invalidation): 1.2790 Our preference Long positions above 1.2790 with targets at 1.2865 & 1.2890 in extension. Alternative scenario...

Pivot (invalidation): 1.1010 Our preference Long positions above 1.1010 with targets at 1.1095 & 1.1125 in extension. Alternative scenario...

The US dollar index extended losses despite encouraging sales data. US durable goods orders fell 0.2% in January, less than 1.5% penciled in by analysts, as the fourth quarter GDP growth came in unchanged at 2.1%, as expected...

Then all hell broke loose. After equities in London and Frankfurt slid past 3%, Wall Street crashed 4.42% and Nasdaq plummeted 4.61%. WTI crude tanked to $45 a barrel, as Brent hit $50. US futures extended losses in the overnight trading session. Chinese stocks slid 3.71%, Hang Seng fell 2...

Pivot (invalidation): 47.00 Our preference Short positions below 47.00 with targets at 45.00 & 44.40 in extension. Alternative scenario...

Pivot (invalidation): 17.8300 Our preference Short positions below 17.8300 with targets at 17.3500 & 17.2000 in extension. Alternative scenario...

Pivot (invalidation): 1635.00 Our preference Long positions above 1635.00 with targets at 1653.00 & 1660.00 in extension. Alternative scenario...