SET Index

Analysis on SET INDEX: retrace and wait for buying signal

86
Hi all

After SET make a new high at 1310, it pullback in the side way zone again.

And now it is in the stage of "Wait and See" how much selling pressure gonna come in.

Now we just wait the bullish reversal to happen before going to long again.

the best case for me is that it retrace back to 1250 and buyuing pressure come,

If 1230 cannot hold then, it is not right to look for long position anymore.

if it is really bullish, it should break 1290

So there are 3 keys level to look for 1290 1250 1230.

Best of luck
Trader PP

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