Jiming Huang / Perfil

Pivot (invalidation): 1.3425 Our preference Short positions below 1.3425 with targets at 1.3365 & 1.3350 in extension. Alternative scenario Above 1.3425 look for further upside with 1.3455 & 1.3485 as targets...

Pivot (invalidation): 0.9530 Our preference Short positions below 0.9530 with targets at 0.9490 & 0.9475 in extension. Alternative scenario Above 0.9530 look for further upside with 0.9560 & 0.9585 as targets...

Pivot (invalidation): 108.00 Our preference Short positions below 108.00 with targets at 107.40 & 107.05 in extension. Alternative scenario Above 108.00 look for further upside with 108.25 & 108.55 as targets...

Pivot (invalidation): 1.2700 Our preference Long positions above 1.2700 with targets at 1.2770 & 1.2800 in extension. Alternative scenario Below 1.2700 look for further downside with 1.2660 & 1.2630 as targets...

Pivot (invalidation): 1.1315 Our preference Long positions above 1.1315 with targets at 1.1365 & 1.1385 in extension. Alternative scenario Below 1.1315 look for further downside with 1.1260 & 1.1255 as targets...

The US dollar remains weak, but the capital outflows appear to be losing some pace as investors question whether it is time for a downside correction in equities. The US 10-year yield remain capped below 0.90...

US equities extended rally yesterday. The S&P500 (+1.20%) rose to a fifteen-week high, reversing most of post-Covid sell-off. Despite real damage to businesses and economy, the US stocks are set to continue their pre-Covid race to fresh historical highs...

Pivot (invalidation): 39.30 Our preference Short positions below 39.30 with targets at 37.95 & 37.05 in extension. Alternative scenario Above 39.30 look for further upside with 40.00 & 40.45 as targets...

Pivot (invalidation): 17.4400 Our preference Long positions above 17.4400 with targets at 17.7600 & 17.8500 in extension. Alternative scenario Below 17.4400 look for further downside with 17.3400 & 17.2000 as targets...

Pivot (invalidation): 1685.00 Our preference Long positions above 1685.00 with targets at 1705.00 & 1712.00 in extension. Alternative scenario Below 1685.00 look for further downside with 1676.00 & 1668.00 as targets...

Pivot (invalidation): 3162.00 Our preference Long positions above 3162.00 with targets at 3260.00 & 3320.00 in extension. Alternative scenario Below 3162.00 look for further downside with 3128.00 & 3090.00 as targets...

Pivot (invalidation): 12600.00 Our preference Long positions above 12600.00 with targets at 13000.00 & 13220.00 in extension. Alternative scenario Below 12600.00 look for further downside with 12325.00 & 12133.00 as targets...

Pivot (invalidation): 6.7640 Our preference Long positions above 6.7640 with targets at 6.7930 & 6.8110 in extension. Alternative scenario Below 6.7640 look for further downside with 6.7490 & 6.7340 as targets...

Pivot (invalidation): 0.7035 Our preference Short positions below 0.7035 with targets at 0.6960 & 0.6925 in extension. Alternative scenario Above 0.7035 look for further upside with 0.7070 & 0.7100 as targets...

Pivot (invalidation): 1.3400 Our preference Short positions below 1.3400 with targets at 1.3355 & 1.3335 in extension. Alternative scenario Above 1.3400 look for further upside with 1.3435 & 1.3465 as targets...

Pivot (invalidation): 0.9560 Our preference Long positions above 0.9560 with targets at 0.9595 & 0.9615 in extension. Alternative scenario Below 0.9560 look for further downside with 0.9540 & 0.9520 as targets...

Pivot (invalidation): 108.55 Our preference Short positions below 108.55 with targets at 107.80 & 107.40 in extension. Alternative scenario Above 108.55 look for further upside with 108.90 & 109.35 as targets...

Pivot (invalidation): 1.2705 Our preference Long positions above 1.2705 with targets at 1.2755 & 1.2785 in extension. Alternative scenario Below 1.2705 look for further downside with 1.2675 & 1.2645 as targets...

Pivot (invalidation): 1.1270 Our preference Long positions above 1.1270 with targets at 1.1320 & 1.1345 in extension. Alternative scenario Below 1.1270 look for further downside with 1.1230 & 1.1195 as targets...

Activity across European futures hint at a marginally negative open on Monday...