I bias short side after close of the last weekI bias short side after close of the last week, this is just perspective and opinion not recommendations for investment and speculation
Analysis on SET INDEX: Short - Medium Term RetraceYo, this is me
At long last the SET INDEX broke down the speed uptrend line
which mean that, the selling force is more likely to come in.
for s50 traders, better expect it to come down to 1450 1430 first before
looking to long again.
Have a happy trading day !
TraderPP
SET INDEX 17 SEP 2024 Forecasting using Time Circled FiboWithin 9 October 2024
Support 1410, 1399, 1389, 1376, 1360
Analysis on SET INDEX: break downtrend line but. . .Dear all
Finally the major downtrend line is broken !!.
However, it surged for quite some time.
The upward momentum seem exhausted.
The view now is
UPTREND but MOMENTUM is EXHAUSTING.
if it retrace again, it would be the best shot to buy.
if it did not retrace deep enough, better find some s
SET Monthly bias LongMonthly uptrend
maybe buyer 2 swings
Choch bos maybe bos 1 more
Now we're on ATH and SW
maybe triangle then break make ATH in three line zone
Warning !!!
keep eye on three line zone for reversal trend
wait and see reversal pattern on there
Analysis on SET INDEX: First Stop HereDear All
After the continuous rise in SET INDEX, it is now testing the biggest downtrend line, starting point at Feb23.
So, you should not be afraid if some sell pressure will come in,
The momentum is still there if no political event or big news occur.
If it retrace, it give you a chance to buy
Analysis on SET INDEX: Look Dangerous Again Around 1330Dear all
In the morning, it looks fantastic to be able to break 1330.
But it ultimately closed below 1330 and with inverted hangman??.
So if tomorrow it drop below 1320 //
the downward momentum will come again.
If it is gonna go up 1330 must be broken !!
Best Regards,
TraderPP
Analysis on SET INDEX: Update after Black MondayDear all,
Instead of being the start of good momentum, it gap down and make new low.
But SET index then rebound and the support 1270 can spring back up.
Now it shift from upward momentum to consolidate in 1270- 1320 //
no clear direction // break down = cut or short // break up = buy
The good
Analysis on SET INDEX: comeback again but same viewDear all
Based on Previous Analysis, I expected it to break 1330 and reach 1350.
However, the buying strength was not strong enough and got hammered after reaching 1330.
And now, it came back to the starting point with harmonic pattern.
Now the buy str is confirmed on Friday,
So, my view to re
Analysis on SET INDEX: comeback again but same viewDear all
Based on Previous Analysis, I expected it to break 1330 and reach 1350.
However, the buying strength was not strong enough and got hammered after reaching 1330.
And now, it came back to the starting point with harmonic pattern.
Now the buy str is confirmed on Friday,
So, my view to re
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Displays a symbol's price movements over previous years to identify recurring trends.