SET index have occurred rsi bullish divergence signalSET index have occurred rsi bullish divergence signal, waiting for the next week.
SET trade ideas
SET index on the 1H time-frameSET index on the 1H time-frame
1. The price breakout the up-trendline and also breakout the previous low to confirm the reversal pattern.
2. The price is running to the support line level at 1429 to 1440 then will rebound.
3. The price is moving in the MACD (-) which still in the selling momentum.
SET index on the 1H time-frameSET index on the 1H time-frame.
Steps:
1. The price breakout the previous high and hit the target price at Fibonacci level 161.8%.
2. The Price is now creating the higher low at this MACD (-)
3. Uptrend still working.
SET INDEX next stop!!! 1646Buy on dip if any. Next target is 1646, fund flow from FED money coming in all over emerging market. ASEAN including THAILAND still laggard.
SET index on the 15 min time-frameSET index on the 15 min time-frame.
Steps:
1. The price is moving in the triangle pattern and waiting for breakout.
2. Will follow an order position when the price breakout the triangle pattern.
SET index on the 15 min time-frameSET index on the 15 min time-frame.
Steps:
1. If the price will be an uptrend when the price breakout the previous high at 1495 and 1504
2. The next target price is 1543 in 1H time-frame.
3. But if this MACD (+) create the lower high then the price will moving in the sideway.
Has the air ran out from SET?After a strong bullish run, SET managed to close with bearish candle that engulfed the larger indecision candle from the trading day before.
I would have been calmer if SET50 and S50 would have followed its sister, but they have not had a close over the June highs.
So let's ask us the question; is this the end of x-mas / Covid vaccine rally and time for a lager correction?
Well if the 1450 support doesn't hold, the gap support and fib.618 might very well be a good area to find new buyers. Although, I personally, would feel more at ease if SET went all the way down to fib.50, to find new buyers, so investors can get a healthy northern ride, with nice slow higher highs and higher lows.
SET :1420/ 1454/1600 "Monitor RSI, MACD" SET:SET
Are we going straight away to that Peak?
A: Yes
B: No
Or C: Never know
SET General DirectionSET is aiming for 1380, then will fall down to 1100 area after a failed breakout.
SET INDEX (SIDEAWAY DOWN)SIDEAWAY DOWN
NEGATIVE
- POLITICAL IN THAILAND
- COVID-19 (WORLD)
SUPPORT : 1175 / 1150 (GAP)
Set Continue Sideways downAs i mention before that we are going to hell and the Financial crisis are on the reach we still have time to cut loss today.
As you can see The yellow line still are on down trend everytime set want to break out it's fail as i mention in blue circle.
Now the it's clear that 1250 not support anymore and it's may continue down to at least 1200- 1180
But be careful set must not close gap at 1169 if it go that you might prepare for a fire sale like the covid crisis
In my opinion short position are still strong you can buy it today this day set might rebound so be careful all trader
