Jiming Huang / Profile

Pivot (invalidation): 45.45 Our preference Long positions above 45.45 with targets at 46.25 & 46.70 in extension. Alternative scenario Below 45.45 look for further downside with 45.05 & 44.70 as targets...

Pivot (invalidation): 23.6400 Our preference Short positions below 23.6400 with targets at 23.0700 & 22.9100 in extension. Alternative scenario Above 23.6400 look for further upside with 23.8700 & 24.1200 as targets...

Pivot (invalidation): 1820.00 Our preference Short positions below 1820.00 with targets at 1800.00 & 1791.00 in extension. Alternative scenario Above 1820.00 look for further upside with 1831.00 & 1841.00 as targets...

Pivot (invalidation): 3645.00 Our preference Short positions below 3645.00 with targets at 3617.00 & 3592.00 in extension. Alternative scenario Above 3645.00 look for further upside with 3660.00 & 3690.00 as targets...

Pivot (invalidation): 13220.00 Our preference Long positions above 13220.00 with targets at 13347.00 & 13380.00 in extension. Alternative scenario Below 13220.00 look for further downside with 13160.00 & 13100.00 as targets...

Pivot (invalidation): 7.9000 Our preference Long positions above 7.9000 with targets at 7.9830 & 8.0310 in extension. Alternative scenario Below 7.9000 look for further downside with 7.8480 & 7.8000 as targets...

Pivot (invalidation): 0.7350 Our preference Long positions above 0.7350 with targets at 0.7385 & 0.7400 in extension. Alternative scenario Below 0.7350 look for further downside with 0.7335 & 0.7320 as targets...

Pivot (invalidation): 1.3015 Our preference Short positions below 1.3015 with targets at 1.2985 & 1.2965 in extension. Alternative scenario Above 1.3015 look for further upside with 1.3030 & 1.3045 as targets...

Pivot (invalidation): 0.9095 Our preference Short positions below 0.9095 with targets at 0.9060 & 0.9040 in extension. Alternative scenario Above 0.9095 look for further upside with 0.9110 & 0.9130 as targets...

Pivot (invalidation): 104.45 Our preference Short positions below 104.45 with targets at 104.10 & 103.90 in extension. Alternative scenario Above 104.45 look for further upside with 104.60 & 104.75 as targets...

Pivot (invalidation): 1.3365 Our preference Long positions above 1.3365 with targets at 1.3410 & 1.3435 in extension. Alternative scenario Below 1.3365 look for further downside with 1.3335 & 1.3310 as targets...

Pivot (invalidation): 1.1900 Our preference Long positions above 1.1900 with targets at 1.1950 & 1.1970 in extension. Alternative scenario Below 1.1900 look for further downside with 1.1880 & 1.1865 as targets...

In the commodity market, oil prices continue to increase on the back of vaccine news and the presidential transition in the US. WTI is up 0.70%, and Brent has added 0.85% to trade above $45 and $48, respectively. Both brands are trading at their highest levels since March...

US equities continued the bullish stance on Tuesday, with the three indexes updating their record highs. Investors expect a rapid recovery next year after the rolling out of the COVID vaccines. Also, the transition of President-elect Joe Biden to the White House is boosting sentiment...

Pivot (invalidation): 44.70 Our preference Long positions above 44.70 with targets at 46.00 & 46.60 in extension. Alternative scenario Below 44.70 look for further downside with 44.20 & 43.60 as targets...

Pivot (invalidation): 23.5200 Our preference Short positions below 23.5200 with targets at 22.9100 & 22.7800 in extension. Alternative scenario Above 23.5200 look for further upside with 23.7200 & 23.9000 as targets...

Pivot (invalidation): 1820.00 Our preference Short positions below 1820.00 with targets at 1791.00 & 1780.00 in extension. Alternative scenario Above 1820.00 look for further upside with 1831.00 & 1841.00 as targets...

Pivot (invalidation): 3592.00 Our preference Long positions above 3592.00 with targets at 3660.00 & 3690.00 in extension. Alternative scenario Below 3592.00 look for further downside with 3543.00 & 3518.00 as targets...

Pivot (invalidation): 13220.00 Our preference Long positions above 13220.00 with targets at 13380.00 & 13460.00 in extension. Alternative scenario Below 13220.00 look for further downside with 13160.00 & 13100.00 as targets...

Pivot (invalidation): 7.9390 Our preference Long positions above 7.9390 with targets at 8.0310 & 8.0840 in extension. Alternative scenario Below 7.9390 look for further downside with 7.8600 & 7.8000 as targets...