Jiming Huang / Profile

Despite growth deceleration and trade tensions with the USA, China’s domestic activity remains strong: Alibaba's Singles Day sales hit a new record of over $30 billion. China’s export growth in USD was higher than expected in October, with imports also surprising to the upside...

Euro area industrial production contracted in the last quarters. The German auto sector led the weakness, as Euro area purchasing-manager-indices moved sharply lower...

Oil is rallying marginally as Saudi Arabia expressed interest to cut supply in December. Despite the USA sanctions on Iran that started on 5th November, crude oil prices have fallen...

Pivot (invalidation): 60.10 Our preference Long positions above 60.10 with targets at 61.20 & 61.60 in extension. Alternative scenario Below 60.10 look for further downside with 59.70 & 59.25 as targets...

Pivot (invalidation): 14.2900 Our preference Short positions below 14.2900 with targets at 14.0800 & 14.0000 in extension. Alternative scenario Above 14.2900 look for further upside with 14.3600 & 14.4600 as targets...

Pivot (invalidation): 1214.00 Our preference Short positions below 1214.00 with targets at 1206.50 & 1203.00 in extension. Alternative scenario Above 1214.00 look for further upside with 1217.50 & 1221.50 as targets...

Pivot (invalidation): 2816.50 Our preference Short positions below 2816.50 with targets at 2739.00 & 2700.00 in extension. Alternative scenario Above 2816.50 look for further upside with 2845.00 & 2875.00 as targets...

Pivot (invalidation): 11420.00 Our preference Long positions above 11420.00 with targets at 11590.00 & 11660.00 in extension. Alternative scenario Below 11420.00 look for further downside with 11290.00 & 11210.00 as targets...

Pivot (invalidation): 5.4950 Our preference Short positions below 5.4950 with targets at 5.4450 & 5.4100 in extension. Alternative scenario Above 5.4950 look for further upside with 5.5300 & 5.5620 as targets...

Pivot (invalidation): 0.7250 Our preference Short positions below 0.7250 with targets at 0.7215 & 0.7200 in extension. Alternative scenario Above 0.7250 look for further upside with 0.7265 & 0.7275 as targets...

Pivot (invalidation): 1.3200 Our preference Short positions below 1.3200 with targets at 1.3170 & 1.3155 in extension. Alternative scenario Above 1.3200 look for further upside with 1.3215 & 1.3230 as targets...

Pivot (invalidation): 1.0045 Our preference Long positions above 1.0045 with targets at 1.0070 & 1.0090 in extension. Alternative scenario Below 1.0045 look for further downside with 1.0030 & 1.0010 as targets...

Pivot (invalidation): 113.70 Our preference Long positions above 113.70 with targets at 114.10 & 114.40 in extension. Alternative scenario Below 113.70 look for further downside with 113.50 & 113.30 as targets...

Pivot (invalidation): 1.2985 Our preference Short positions below 1.2985 with targets at 1.2900 & 1.2860 in extension. Alternative scenario Above 1.2985 look for further upside with 1.3050 & 1.3090 as targets...

Pivot (invalidation): 1.1360 Our preference Short positions below 1.1360 with targets at 1.1300 & 1.1275 in extension. Alternative scenario Above 1.1360 look for further upside with 1.1390 & 1.1420 as targets...

Pivot (invalidation): 61.30 Our preference Short positions below 61.30 with targets at 59.95 & 59.15 in extension. Alternative scenario Above 61.30 look for further upside with 61.95 & 62.40 as targets...

Pivot (invalidation): 14.4500 Our preference Short positions below 14.4500 with targets at 14.2800 & 14.2100 in extension. Alternative scenario Above 14.4500 look for further upside with 14.5400 & 14.6200 as targets...

Pivot (invalidation): 1224.00 Our preference Short positions below 1224.00 with targets at 1212.00 & 1209.00 in extension. Alternative scenario Above 1224.00 look for further upside with 1227.00 & 1230.00 as targets...

Pivot (invalidation): 2774.00 Our preference Long positions above 2774.00 with targets at 2830.00 & 2875.00 in extension. Alternative scenario Below 2774.00 look for further downside with 2739.00 & 2700.00 as targets...

Pivot (invalidation): 11480.00 Our preference Long positions above 11480.00 with targets at 11640.00 & 11720.00 in extension. Alternative scenario Below 11480.00 look for further downside with 11410.00 & 11290.00 as targets...