Jiming Huang / Profile

Pivot (invalidation): 1.1795 Our preference Long positions above 1.1795 with targets at 1.1855 & 1.1875 in extension. Alternative scenario Below 1.1795 look for further downside with 1.1775 & 1.1750 as targets...

In the commodity market, oil prices can’t find their support as investors concerned about a second wave of the pandemic. Brent has dropped 0.53% to break below $40 for the first time since June. WTI futures are down 0.65% to $36.52...

US stock futures showed some signs of recovery on Monday, but as the markets opened the week on Tuesday, the benchmark indexes plunged further into correction territory. Nasdaq was the worst performer as tech stocks dragged the index down. It fell 4...

Pivot (invalidation): 37.20 Our preference Short positions below 37.20 with targets at 36.10 & 35.45 in extension. Alternative scenario Above 37.20 look for further upside with 37.70 & 38.65 as targets...

Pivot (invalidation): 26.4300 Our preference Long positions above 26.4300 with targets at 26.9800 & 27.1700 in extension. Alternative scenario Below 26.4300 look for further downside with 26.2100 & 25.9900 as targets...

Pivot (invalidation): 1923.00 Our preference Long positions above 1923.00 with targets at 1934.00 & 1941.00 in extension. Alternative scenario Below 1923.00 look for further downside with 1916.00 & 1907.00 as targets...

Pivot (invalidation): 3391.00 Our preference Short positions below 3391.00 with targets at 3303.00 & 3259.00 in extension. Alternative scenario Above 3391.00 look for further upside with 3452.00 & 3500.00 as targets...

Pivot (invalidation): 13145.00 Our preference Short positions below 13145.00 with targets at 12840.00 & 12754.00 in extension. Alternative scenario Above 13145.00 look for further upside with 13240.00 & 13330.00 as targets...

Pivot (invalidation): 7.4460 Our preference Long positions above 7.4460 with targets at 7.5140 & 7.5460 in extension. Alternative scenario Below 7.4460 look for further downside with 7.4130 & 7.3860 as targets...

Pivot (invalidation): 0.7245 Our preference Short positions below 0.7245 with targets at 0.7190 & 0.7165 in extension. Alternative scenario Above 0.7245 look for further upside with 0.7265 & 0.7285 as targets...

Pivot (invalidation): 1.3200 Our preference Long positions above 1.3200 with targets at 1.3270 & 1.3300 in extension. Alternative scenario Below 1.3200 look for further downside with 1.3175 & 1.3145 as targets...

Pivot (invalidation): 0.9150 Our preference Long positions above 0.9150 with targets at 0.9200 & 0.9220 in extension. Alternative scenario Below 0.9150 look for further downside with 0.9135 & 0.9120 as targets...

Pivot (invalidation): 106.15 Our preference Short positions below 106.15 with targets at 105.80 & 105.55 in extension. Alternative scenario Above 106.15 look for further upside with 106.35 & 106.50 as targets...

Pivot (invalidation): 1.3055 Our preference Short positions below 1.3055 with targets at 1.2895 & 1.2845 in extension. Alternative scenario Above 1.3055 look for further upside with 1.3125 & 1.3185 as targets...

Pivot (invalidation): 1.1800 Our preference Short positions below 1.1800 with targets at 1.1755 & 1.1730 in extension. Alternative scenario Above 1.1800 look for further upside with 1.1820 & 1.1850 as targets...

In the commodity market, oil prices continue to decline to update their lowest levels since the beginning of July. Prices are responding to increased worries that the potential increase in coronavirus cases could further damage demand for crude...

The US stock market was closed on Monday, but the futures on the benchmark indexes are pointing to recovery attempts, except for Nasdaq. Last week, US equities saw their worst decline in over five months, slashing gains accumulated over the previous five weeks...

Pivot (invalidation): 39.60 Our preference Short positions below 39.60 with targets at 38.50 & 38.00 in extension. Alternative scenario Above 39.60 look for further upside with 40.10 & 40.65 as targets...

Pivot (invalidation): 27.0000 Our preference Short positions below 27.0000 with targets at 26.6000 & 26.3000 in extension. Alternative scenario Above 27.0000 look for further upside with 27.4000 & 27.7000 as targets...

Pivot (invalidation): 1936.00 Our preference Short positions below 1936.00 with targets at 1916.00 & 1908.00 in extension. Alternative scenario Above 1936.00 look for further upside with 1942.00 & 1950.00 as targets...