Jiming Huang / Perfil

Pivot (invalidation): 104.35 Our preference Long positions above 104.35 with targets at 104.80 & 105.05 in extension. Alternative scenario Below 104.35 look for further downside with 104.15 & 104.00 as targets...

Pivot (invalidation): 1.2960 Our preference Short positions below 1.2960 with targets at 1.2910 & 1.2880 in extension. Alternative scenario Above 1.2960 look for further upside with 1.2985 & 1.3010 as targets...

Pivot (invalidation): 1.1665 Our preference Short positions below 1.1665 with targets at 1.1620 & 1.1600 in extension. Alternative scenario Above 1.1665 look for further upside with 1.1690 & 1.1705 as targets...

In the commodity market, oil prices are down about 1% after failing to continue recovery. Both WTI and Brent crude brands are set to end their worst month since March, as the more aggressive pandemic is damaging global demand...

Market sentiment has quickly deteriorated ahead of contentious US election and surging Covid outbreak. Markets have been blissfully ignoring warning signs for much for the autumn, but no longer...

Pivot (invalidation): 36.60 Our preference Short positions below 36.60 with targets at 35.90 & 35.50 in extension. Alternative scenario Above 36.60 look for further upside with 37.10 & 37.75 as targets...

Pivot (invalidation): 23.1800 Our preference Long positions above 23.1800 with targets at 23.8800 & 24.1700 in extension. Alternative scenario Below 23.1800 look for further downside with 23.0000 & 22.7300 as targets...

Pivot (invalidation): 1865.00 Our preference Long positions above 1865.00 with targets at 1884.00 & 1898.00 in extension. Alternative scenario Below 1865.00 look for further downside with 1859.00 & 1852.00 as targets...

Pivot (invalidation): 3367.00 Our preference Short positions below 3367.00 with targets at 3268.00 & 3240.00 in extension. Alternative scenario Above 3367.00 look for further upside with 3425.00 & 3465.00 as targets...

Pivot (invalidation): 11450.00 Our preference Long positions above 11450.00 with targets at 11850.00 & 12070.00 in extension. Alternative scenario Below 11450.00 look for further downside with 11170.00 & 10900.00 as targets...

Pivot (invalidation): 8.2690 Our preference Long positions above 8.2690 with targets at 8.3500 & 8.3860 in extension. Alternative scenario Below 8.2690 look for further downside with 8.2390 & 8.2040 as targets...

Pivot (invalidation): 0.7020 Our preference Long positions above 0.7020 with targets at 0.7075 & 0.7095 in extension. Alternative scenario Below 0.7020 look for further downside with 0.7000 & 0.6975 as targets...

Pivot (invalidation): 1.3335 Our preference Short positions below 1.3335 with targets at 1.3275 & 1.3250 in extension. Alternative scenario Above 1.3335 look for further upside with 1.3370 & 1.3390 as targets...

Pivot (invalidation): 0.9160 Our preference Short positions below 0.9160 with targets at 0.9125 & 0.9110 in extension. Alternative scenario Above 0.9160 look for further upside with 0.9175 & 0.9195 as targets...

Pivot (invalidation): 104.70 Our preference Short positions below 104.70 with targets at 104.25 & 104.10 in extension. Alternative scenario Above 104.70 look for further upside with 104.90 & 105.05 as targets...

Pivot (invalidation): 1.2910 Our preference Long positions above 1.2910 with targets at 1.2950 & 1.2980 in extension. Alternative scenario Below 1.2910 look for further downside with 1.2890 & 1.2875 as targets...

Pivot (invalidation): 1.1665 Our preference Long positions above 1.1665 with targets at 1.1710 & 1.1735 in extension. Alternative scenario Below 1.1665 look for further downside with 1.1645 & 1.1630 as targets...

In the commodity market, oil prices are trading in the positive territory after plunging over 5% to four-month lows amid a spike in COVID cases. Also, the US Energy Information Administration said that crude inventories rose more than anticipated last week as production jumped in a record build...

Wall Street experienced its worst day in about four months on Wednesday, with all benchmark indexes falling well over 3%. Investor sentiment was damaged by fears of the second wave of the pandemic, as the number of COVID cases surged in the US and globally...

Pivot (invalidation): 38.00 Our preference Short positions below 38.00 with targets at 36.95 & 36.30 in extension. Alternative scenario Above 38.00 look for further upside with 38.30 & 38.80 as targets...