Jiming Huang / Profil

Pivot (invalidation): 1.1225 Our preference Short positions below 1.1225 with targets at 1.1180 & 1.1160 in extension. Alternative scenario Above 1.1225 look for further upside with 1.1240 & 1.1255 as targets...

Perhaps it’s the summer heat is making our focus hazy. In light of the severe heatwave, like a baseball pitcher, we need to approach the markets with a narrow external focus. We have our sights set on FOMC meeting on July 31st. As this is the only thing that matters in our view...

Pivot (invalidation): 55.50 Our preference Long positions above 55.50 with targets at 56.80 & 57.30 in extension. Alternative scenario Below 55.50 look for further downside with 55.00 & 54.70 as targets...

Pivot (invalidation): 16.1500 Our preference Long positions above 16.1500 with targets at 16.5100 & 16.7300 in extension. Alternative scenario Below 16.1500 look for further downside with 16.0400 & 15.9400 as targets...

Pivot (invalidation): 1435.00 Our preference Short positions below 1435.00 with targets at 1420.00 & 1415.00 in extension. Alternative scenario Above 1435.00 look for further upside with 1441.00 & 1447.00 as targets...

Pivot (invalidation): 2990.00 Our preference Short positions below 2990.00 with targets at 2970.00 & 2956.00 in extension. Alternative scenario Above 2990.00 look for further upside with 3000.00 & 3009.00 as targets...

Pivot (invalidation): 12220.00 Our preference Long positions above 12220.00 with targets at 12340.00 & 12400.00 in extension. Alternative scenario Below 12220.00 look for further downside with 12160.00 & 12100.00 as targets...

Pivot (invalidation): 5.6310 Our preference Long positions above 5.6310 with targets at 5.6850 & 5.7090 in extension. Alternative scenario Below 5.6310 look for further downside with 5.5970 & 5.5620 as targets...

Pivot (invalidation): 0.7050 Our preference Short positions below 0.7050 with targets at 0.7035 & 0.7025 in extension. Alternative scenario Above 0.7050 look for further upside with 0.7065 & 0.7075 as targets...

Pivot (invalidation): 1.3075 Our preference Short positions below 1.3075 with targets at 1.3045 & 1.3030 in extension. Alternative scenario Above 1.3075 look for further upside with 1.3095 & 1.3110 as targets...

Pivot (invalidation): 0.9840 Our preference Short positions below 0.9840 with targets at 0.9805 & 0.9780 in extension. Alternative scenario Above 0.9840 look for further upside with 0.9860 & 0.9875 as targets...

Pivot (invalidation): 107.80 Our preference Long positions above 107.80 with targets at 108.15 & 108.35 in extension. Alternative scenario Below 107.80 look for further downside with 107.65 & 107.50 as targets...

Pivot (invalidation): 1.2520 Our preference Short positions below 1.2520 with targets at 1.2485 & 1.2460 in extension. Alternative scenario Above 1.2520 look for further upside with 1.2540 & 1.2555 as targets...

Pivot (invalidation): 1.1230 Our preference Short positions below 1.1230 with targets at 1.1200 & 1.1180 in extension. Alternative scenario Above 1.1230 look for further upside with 1.1245 & 1.1255 as targets...

As Neil Armstrong and the Apollo 11 crew prepared for their descent to the moon’s surface, an alarm sounded. A quarter of a million miles away, Mission Control worked out the problem, and deduced that the alarm could be safely ignored...

After a brief flirtation with “normalization” global central banks are now decidedly dovish. Likely to re-embark on a global easing cycle, starting with FOMC July 31st meeting...

Pivot (invalidation): 55.50 Our preference Long positions above 55.50 with targets at 56.80 & 57.30 in extension. Alternative scenario Below 55.50 look for further downside with 55.10 & 54.70 as targets...

Pivot (invalidation): 16.2500 Our preference Long positions above 16.2500 with targets at 16.6300 & 16.7800 in extension. Alternative scenario Below 16.2500 look for further downside with 16.1000 & 15.9400 as targets...

Pivot (invalidation): 1434.00 Our preference Long positions above 1434.00 with targets at 1453.00 & 1461.00 in extension. Alternative scenario Below 1434.00 look for further downside with 1428.00 & 1422.00 as targets...

Pivot (invalidation): 2979.50 Our preference Long positions above 2979.50 with targets at 3008.00 & 3015.00 in extension. Alternative scenario Below 2979.50 look for further downside with 2973.00 & 2958.00 as targets...