Jiming Huang / Profile

Pivot (invalidation): 1.2780 Our preference Short positions below 1.2780 with targets at 1.2730 & 1.2705 in extension. Alternative scenario Above 1.2780 look for further upside with 1.2805 & 1.2820 as targets...

Pivot (invalidation): 1.1540 Our preference Short positions below 1.1540 with targets at 1.1500 & 1.1480 in extension. Alternative scenario Above 1.1540 look for further upside with 1.1570 & 1.1595 as targets...

Stock markets are on the ‘wall of worry’ over various events. After initial excitement that US and Chinese representatives talked trade for three days, the lack of apparent progress and the silence from the participants are pushing investors towards caution. Has a truce been reached...

Pivot (invalidation): 51.10 Our preference Long positions above 51.10 with targets at 52.55 & 53.80 in extension. Alternative scenario Below 51.10 look for further downside with 50.20 & 49.50 as targets...

Pivot (invalidation): 15.6600 Our preference Long positions above 15.6600 with targets at 15.8100 & 15.8700 in extension. Alternative scenario Below 15.6600 look for further downside with 15.5500 & 15.4800 as targets...

Pivot (invalidation): 1291.00 Our preference Long positions above 1291.00 with targets at 1298.50 & 1304.00 in extension. Alternative scenario Below 1291.00 look for further downside with 1287.00 & 1283.75 as targets...

Pivot (invalidation): 2545.00 Our preference Long positions above 2545.00 with targets at 2605.00 & 2636.00 in extension. Alternative scenario Below 2545.00 look for further downside with 2520.00 & 2473.00 as targets...

Pivot (invalidation): 10800.00 Our preference Long positions above 10800.00 with targets at 10960.00 & 11030.00 in extension. Alternative scenario Below 10800.00 look for further downside with 10747.00 & 10680.00 as targets...

Pivot (invalidation): 5.4620 Our preference Long positions above 5.4620 with targets at 5.5080 & 5.5450 in extension. Alternative scenario Below 5.4620 look for further downside with 5.4370 & 5.3970 as targets...

Pivot (invalidation): 0.7150 Our preference Long positions above 0.7150 with targets at 0.7195 & 0.7230 in extension. Alternative scenario Below 0.7150 look for further downside with 0.7110 & 0.7080 as targets...

Pivot (invalidation): 1.3245 Our preference Short positions below 1.3245 with targets at 1.3195 & 1.3175 in extension. Alternative scenario Above 1.3245 look for further upside with 1.3270 & 1.3310 as targets...

Pivot (invalidation): 0.9755 Our preference Short positions below 0.9755 with targets at 0.9705 & 0.9675 in extension. Alternative scenario Above 0.9755 look for further upside with 0.9770 & 0.9785 as targets...

Pivot (invalidation): 108.40 Our preference Short positions below 108.40 with targets at 107.50 & 107.00 in extension. Alternative scenario Above 108.40 look for further upside with 108.70 & 109.00 as targets...

Pivot (invalidation): 1.2755 Our preference Long positions above 1.2755 with targets at 1.2820 & 1.2855 in extension. Alternative scenario Below 1.2755 look for further downside with 1.2730 & 1.2705 as targets...

Pivot (invalidation): 1.1530 Our preference Long positions above 1.1530 with targets at 1.1595 & 1.1620 in extension. Alternative scenario Below 1.1530 look for further downside with 1.1505 & 1.1485 as targets...

Equities are rallying on optimism that the US-China trade dispute might be resolved. A scheduled two days of negotiation was extended by a third day, suggesting things are going well...

Pivot (invalidation): 49.20 Our preference Long positions above 49.20 with targets at 51.25 & 52.15 in extension. Alternative scenario Below 49.20 look for further downside with 48.70 & 48.30 as targets...

Pivot (invalidation): 15.5600 Our preference Long positions above 15.5600 with targets at 15.7500 & 15.8100 in extension. Alternative scenario Below 15.5600 look for further downside with 15.4800 & 15.4200 as targets...

Pivot (invalidation): 1281.25 Our preference Long positions above 1281.25 with targets at 1287.00 & 1290.00 in extension. Alternative scenario Below 1281.25 look for further downside with 1279.00 & 1276.00 as targets...

Pivot (invalidation): 2530.00 Our preference Long positions above 2530.00 with targets at 2583.00 & 2637.00 in extension. Alternative scenario Below 2530.00 look for further downside with 2473.00 & 2440.00 as targets...