Jiming Huang / Profilo

Pivot (invalidation): 1.1075 Our preference Short positions below 1.1075 with targets at 1.1050 & 1.1035 in extension. Alternative scenario...

WTI crude dipped below $51 a barrel, as Brent crude fell to $55.40. Gold spiked to $1591 per oz but corrected to the $1580 level as the US 10-year yield consolidated near 1.52%. Bitcoin traded past $9500. It looks like stock markets elsewhere could get away with the Monday sell-off. FTSE (+0...

Stocks in China nosedived 9% at the open as traders returned from a week-long Lunar Year break. Yuan fell past 7 against the US dollar, copper and iron tanked by the daily limit. The death toll due to the coronavirus rose to 360, more than 17’000 is said to be infected...

Pivot (invalidation): 51.75 Our preference Short positions below 51.75 with targets at 50.80 & 50.40 in extension. Alternative scenario...

Pivot (invalidation): 17.9600 Our preference Short positions below 17.9600 with targets at 17.6800 & 17.5600 in extension. Alternative scenario...

Pivot (invalidation): 1585.00 Our preference Short positions below 1585.00 with targets at 1578.00 & 1575.50 in extension. Alternative scenario...

Pivot (invalidation): 3242.00 Our preference Short positions below 3242.00 with targets at 3213.00 & 3190.00 in extension. Alternative scenario...

Pivot (invalidation): 13160.00 Our preference Short positions below 13160.00 with targets at 12880.00 & 12770.00 in extension. Alternative scenario...

Pivot (invalidation): 5.9860 Our preference Short positions below 5.9860 with targets at 5.9695 & 5.9550 in extension. Alternative scenario...

Pivot (invalidation): 0.6705 Our preference Short positions below 0.6705 with targets at 0.6680 & 0.6655 in extension. Alternative scenario...

Pivot (invalidation): 1.3225 Our preference Long positions above 1.3225 with targets at 1.3255 & 1.3270 in extension. Alternative scenario...

Pivot (invalidation): 0.9650 Our preference Short positions below 0.9650 with targets at 0.9620 & 0.9610 in extension. Alternative scenario...

Pivot (invalidation): 108.30 Our preference Long positions above 108.30 with targets at 108.65 & 108.85 in extension. Alternative scenario...

Pivot (invalidation): 1.3185 Our preference Short positions below 1.3185 with targets at 1.3140 & 1.3100 in extension. Alternative scenario...

Pivot (invalidation): 1.1095 Our preference Short positions below 1.1095 with targets at 1.1070 & 1.1055 in extension. Alternative scenario...

Amazon.com Inc.'s fourth-quarter sales blew past a previous record as robust holiday sales and profit from cloud and advertising businesses helped offset growing shipping costs for its one-day Prime program...

The Chinese manufacturing PMI data was good and bad news at the same time. The January figure fell to 50.0 amid the Chinese New Year holiday and the coronavirus breakout take a toll on the activity as the year began but showed no contraction...

Pivot (invalidation): 52.60 Our preference Long positions above 52.60 with targets at 53.75 & 54.20 in extension. Alternative scenario...

Pivot (invalidation): 17.7400 Our preference Long positions above 17.7400 with targets at 17.9500 & 18.0400 in extension. Alternative scenario...

Pivot (invalidation): 1578.00 Our preference Short positions below 1578.00 with targets at 1567.00 & 1563.50 in extension. Alternative scenario...