I still thinking about Set Index. 5 Years back we found set index got the support on this point 1580-1600 many times. Hope this support strong enough to get Set index going up again. But due to Trade War between US and China, make set index difficult to going up.
I still think it sideway but may be Dec 2019 it will going to test resistant again 1119-1120 base on MSCI and Set index open too much gap trend. Actually it should be same trend. Set50 index should drive set index as soon.
The Thai SET index has been respecting the opened gaps very well in its daily graph. As of 20181009, there are 3 opened gaps at 1680.54, 1629.18, and 1741.96. The one at 1680.54 is about to be closed. Forex Insight Pro 8.0 can help you find gaps in any graph quickly. Search for it in TradingView.com
sell from this and buy limit in two zone or wait confirmation for buy agian
According to Fibonacci Retracement, the current price is close to 23.6% fibo level which can be seen as a strong support. And the targets are as the next fibo levels. And according to the Volume Profile, we can see that it goes along with the Fibo Retracement analysis above. The bottom level of value area is close to the fibo level of 23.6%. And one more thing,...
Hi guys, I think Thai SET Index is forming the ascending triangle pattern, which I think might move in the side way for awhile before breaking out. Please let me know what you think. Note: This is just my personal opinion, not a financial advise.