Blogs

<p>WTI crude sputters following the surprise buildup in US oil inventories last week. The latest EIA data showed that the US stockpiles increased by 7.9 million barrels last week, versus a 2.5-mio barrel decrease penciled in by analysts, denting the appetite on lower-supply / better-demand dynamic. Top sellers are waiting in ambush near $35 p

<p>The US stock indices turned negative in Thursday’s session as the rising tensions around Hong Kong’s new national security law and Donald Trump’s attacks on social media companies led to some profit taking after American stocks advanced to highest levels in almost three months. </p> <p> </p> <p>Financials and tech s

<p>Pivot</p> <p>&nbsp;(invalidation): 33.75 </p> <p>Our preference</p> <p>Short positions below 33.75 with targets at 32.85 &amp; 32.25 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 17.2100 </p> <p>Our preference</p> <p>Long positions above 17.2100 with targets at 17.5200 &amp; 17.6300 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1708.00 </p> <p>Our preference</p> <p>Long positions above 1708.00 with targets at 1728.00 &amp; 1735.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 3068.00 </p> <p>Our preference</p> <p>Short positions below 3068.00 with targets at 3015.00 &amp; 2970.00 in extension.</p> <p>Alternative scenario</p>