Soul_Master

Soul_Master

PTT is very laggard when compare to crude oil. Price will break symmetrical triangle if it can stay above 40baht. After break, it will move to 50-52 area.

Soul_Master

It's in new uptrend channel with overbought RSI. Upside should be around 96 before it will back into average uptrend line.

Soul_Master

Wave 2 stopped around 78.6 to 88.7 area Wave 3 minimum target is around 161.8 that is 35,000 per US dollar .

Soul_Master

SET might slowly/silently recover from the lowest point of wave A before go back to find the bottom in the next couple of years.

Soul_Master

Currently, SET is in wave-A that should bottom out around 900-950 point. For wave-C, it should form a bit higher than wave-A and it should form higher than wave 1. However, it also has a small possibility to break this zone. It means it might go down to the last 2008 crisis low (around 400). youtu.be

Soul_Master

SET Index is forming C-wave. The expected target should be around 950 (-50).

Soul_Master

US 10Y Bond yield downtrend channel since 1989

Soul_Master

All bull/bear periods of DOW index

Soul_Master

Long term view Correction back into normal uptread channel

Soul_Master

Wait to follow short around 1130-1140.

Soul_Master

Time will tell.

Soul_Master

Technical rebound or reversal?

Soul_Master

High volatility down-trend

Soul_Master

The last support

Soul_Master

No more rule

Soul_Master

Same trend same direction.

Soul_Master

Current weekly support is around 50. The last support for monthly chart should be 41.68.

Soul_Master

Wait & see