Blogs

<p>Equities in the New York gained another 3% on Wednesday with the Federal Reserve (Fed) meeting minutes showing that the bank is ready for a ‘forceful response’ amid ‘all participants viewed the near-term US economic outlook as having deteriorated sharply in recent weeks and having become profoundly uncertain’. The Fed, that has extended it

<p>Pivot</p> <p>&nbsp;(invalidation): 24.95 </p> <p>Our preference</p> <p>Long positions above 24.95 with targets at 26.60 &amp; 27.20 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 14.9200 </p> <p>Our preference</p> <p>Long positions above 14.9200 with targets at 15.2500 &amp; 15.3800 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1658.00 </p> <p>Our preference</p> <p>Short positions below 1658.00 with targets at 1636.00 &amp; 1624.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 2643.00 </p> <p>Our preference</p> <p>Long positions above 2643.00 with targets at 2836.00 &amp; 2900.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 10200.00 </p> <p>Our preference</p> <p>Long positions above 10200.00 with targets at 10500.00 &amp; 10600.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 6.7610 </p> <p>Our preference</p> <p>Long positions above 6.7610 with targets at 6.7910 &amp; 6.8150 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 0.6205 </p> <p>Our preference</p> <p>Long positions above 0.6205 with targets at 0.6250 &amp; 0.6275 in extension.</p> <p>Alternative scenario</p>

<p>c </p> <p>Pivot</p> <p>&nbsp;(invalidation): 1.4040 </p> <p>Our preference</p> <p>Short positions below 1.4040 with targets at 1.3995 &amp; 1.3975 in extension.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 0.9700 </p> <p>Our preference</p> <p>Long positions above 0.9700 with targets at 0.9730 &amp; 0.9745 in extension.</p> <p>Alternative scenario</p>