Jiming Huang / Profile

Pivot (invalidation): 0.7120 Our preference Short positions below 0.7120 with targets at 0.7065 & 0.7050 in extension. Alternative scenario Above 0.7120 look for further upside with 0.7145 & 0.7165 as targets...

Pivot (invalidation): 1.3135 Our preference Long positions above 1.3135 with targets at 1.3205 & 1.3235 in extension. Alternative scenario Below 1.3135 look for further downside with 1.3115 & 1.3095 as targets...

Pivot (invalidation): 0.9965 Our preference Long positions above 0.9965 with targets at 0.9995 & 1.0015 in extension. Alternative scenario Below 0.9965 look for further downside with 0.9945 & 0.9920 as targets...

Pivot (invalidation): 111.25 Our preference Long positions above 111.25 with targets at 112.00 & 112.25 in extension. Alternative scenario Below 111.25 look for further downside with 111.05 & 110.80 as targets...

Pivot (invalidation): 1.3290 Our preference Short positions below 1.3290 with targets at 1.3230 & 1.3190 in extension. Alternative scenario Above 1.3290 look for further upside with 1.3320 & 1.3350 as targets...

Pivot (invalidation): 1.1395 Our preference Short positions below 1.1395 with targets at 1.1355 & 1.1335 in extension. Alternative scenario Above 1.1395 look for further upside with 1.1420 & 1.1440 as targets...

2018 showed a real GDP gain of 2.5%, a level not seen since 2010’s 3% and despite a slight decline in Q3. Still, the outlook for the coming months is less rosy. A downturn that started in the second half of 2018 is continuing...

Pivot (invalidation): 56.30 Our preference Long positions above 56.30 with targets at 57.40 & 57.80 in extension. Alternative scenario Below 56.30 look for further downside with 56.05 & 55.70 as targets...

Pivot (invalidation): 15.8200 Our preference Short positions below 15.8200 with targets at 15.6700 & 15.5700 in extension. Alternative scenario Above 15.8200 look for further upside with 15.8900 & 15.9400 as targets...

Pivot (invalidation): 1322.50 Our preference Short positions below 1322.50 with targets at 1316.00 & 1314.00 in extension. Alternative scenario Above 1322.50 look for further upside with 1325.50 & 1329.00 as targets...

Pivot (invalidation): 2775.00 Our preference Long positions above 2775.00 with targets at 2814.00 & 2831.00 in extension. Alternative scenario Below 2775.00 look for further downside with 2758.00 & 2730.00 as targets...

Pivot (invalidation): 11557.00 Our preference Short positions below 11557.00 with targets at 11440.00 & 11380.00 in extension. Alternative scenario Above 11557.00 look for further upside with 11591.00 & 11640.00 as targets...

Pivot (invalidation): 5.3050 Our preference Long positions above 5.3050 with targets at 5.3300 & 5.3410 in extension. Alternative scenario Below 5.3050 look for further downside with 5.2970 & 5.2860 as targets...

Pivot (invalidation): 0.7165 Our preference Short positions below 0.7165 with targets at 0.7125 & 0.7100 in extension. Alternative scenario Above 0.7165 look for further upside with 0.7180 & 0.7200 as targets...

Pivot (invalidation): 1.3165 Our preference Short positions below 1.3165 with targets at 1.3125 & 1.3110 in extension. Alternative scenario Above 1.3165 look for further upside with 1.3190 & 1.3210 as targets...

Pivot (invalidation): 1.0015 Our preference Short positions below 1.0015 with targets at 0.9975 & 0.9955 in extension. Alternative scenario Above 1.0015 look for further upside with 1.0030 & 1.0045 as targets...

Pivot (invalidation): 110.70 Our preference Long positions above 110.70 with targets at 111.05 & 111.20 in extension. Alternative scenario Below 110.70 look for further downside with 110.50 & 110.30 as targets...

Pivot (invalidation): 1.3285 Our preference Long positions above 1.3285 with targets at 1.3350 & 1.3375 in extension. Alternative scenario Below 1.3285 look for further downside with 1.3260 & 1.3230 as targets...

Pivot (invalidation): 1.1360 Our preference Long positions above 1.1360 with targets at 1.1400 & 1.1415 in extension. Alternative scenario Below 1.1360 look for further downside with 1.1345 & 1.1325 as targets...

Rising 30% since lows of December, crude oil has gained following the last OPEC meeting of last year. Production was curbed 1.53 million barrels per day in January, as Saudi Arabia cut supply, despite the USA production peak of 12 million bpd...