Jiming Huang / Profile

Pivot (invalidation): 112.65 Our preference Long positions above 112.65 with targets at 113.15 & 113.40 in extension. Alternative scenario Below 112.65 look for further downside with 112.45 & 112.30 as targets...

Pivot (invalidation): 1.2730 Our preference Short positions below 1.2730 with targets at 1.2680 & 1.2660 in extension. Alternative scenario Above 1.2730 look for further upside with 1.2755 & 1.2790 as targets...

Pivot (invalidation): 1.1350 Our preference Short positions below 1.1350 with targets at 1.1315 & 1.1300 in extension. Alternative scenario Above 1.1350 look for further upside with 1.1380 & 1.1410 as targets...

Asian equities lost steam, as optimism over US-China trade softens. Japan’s Nikkei 225 is closing at -2.39% while Australian ASX 200 and South Korean Kospi indexes closed at -1.01% and -0.12% respectively. Hong Kong’s Hang Seng improved by +0.29% while China mainland CSI 300 gained +0.21...

Switzerland’s headline inflation missed expectation in November. The consumer price index rose only 0.9%y/y, following an uptick of 1.1% in the previous month, while market participants anticipated an increase of 1%y/y. This is the lowest reading since April 2018, when inflation rose 0.8%y/y...

Pivot Point (level of invalidation 64,80): Our preference Long positions on 64,80 goals 54,00 and 54.8 in extension. Alternative scenario Under 64,80 seek Greater indication of Low (or fall) and 52.4 52,00 as...

Pivot Point (Invalidation): 167000 Our preference Long positions over 167000 goals and 99000 191856 in extension. Alternative scenario Under 167000 seek Greater indication of Low (or fall) and 141900 142600...

Pivot Point (level of invalidation 1229,50): Our preference Long positions on 1229,50 with goals in 1237,50 and 1243,00 in extension. Alternative scenario Under 1229,50 seek Greater indication of Low (or fall) and with 1223,00 1220,00...

Pivot Point (level of invalidation 2815,00): Our preference Short positions under 2815,00 with goals in 2761,00 and 2723,00 in extension. Alternative scenario Up 2815,00 seek Greater Upward with 2833,00 Indication and 2861,00 as targets...

Pivot Point (level of invalidation 11390,00): Our preference Long positions on 11390,00 with goals in 11530,00 and 11610,00 in extension. Alternative scenario Under 11390,00 seek Greater indication of Low (or fall) and with 11325,00 11255,00...

Pivot Point (level of invalidation 52300): Our preference Long positions on 52300 goals and 52830 53140 area. Alternative scenario Under 52300 seek Greater indication of Low (or fall) with 320 and 51750 as...

Pivot Point (Invalidation): 07340 Our preference Long positions on 07395 07340 goals and 07425 in extension. Alternative scenario Under 07340 seek Greater indication of Low (or fall) and as 07280 07310...

Pivot Point (Invalidation): 13210 Our preference Short positions under 13210 goals and 13160 18118 in extension. Alternative scenario Above 13210 seek Greater indication upwards and 13240 13270 as targets...

Pivot Point (level of invalidation 0.9970-0.9990): Our preference Short positions under 09945 0.9970-0.9990 goals and 09930 in extension. Alternative scenario Above 0.9970-0.9990 seek Greater indication upwards 10005 and 10025 as targets...

Pivot Point (level of invalidation 113.50): Our preference Short positions under 113.50 113,00 112.75 goals and in extension. Alternative scenario Above 113.50 seek Greater Upward with 113,70 Indication and 113,85 as targets...

Pivot Point (Invalidation): 12715 Our preference Long positions above 12715 goals and 12790 12755 in extension. Alternative scenario Under 12715 seek Greater indication of Low (or fall) and 12660 as 12695...

Pivot Point (Invalidation): 11350 Our preference Long positions above 11350 goals and 11400 11415 in extension. Alternative scenario Under 11350 seek Greater indication of Low (or fall) and with 11320 11305 as...

Things are all downhill from here for Prime Minister Theresa May. Debates in parliament start tomorrow, with a vote on Brexit planned for 11 December. We remain negative on EUR/GBP, expecting a further decline to 0.8810 when the deal is rejected. Elsewhere, markets are buoyant...

The European Union confirmed it will not extend equivalence for the Swiss stock exchange as of 31 December...

Pivot (invalidation): 52.00 Our preference Long positions above 52.00 with targets at 54.10 & 54.80 in extension. Alternative scenario Below 52.00 look for further downside with 51.40 & 50.80 as targets...