SET Index
Panjang

Analysis on SET INDEX: Time to Bet

55
Hey yo,

Today, SET index create the very strong rejection bar.

As a result, the overall momentum become upward despite being downtrend.

As i analyzed down into the smaller timeframe,

I think how they would behave can be decided into 2 cases.

First, can stay above 1095, it would likely hit the 1140 target. if broken, next target 1193

Second, cannot stay above 1095, it would go back to create sub-second leg around 1065.
Then if can hold at the level, it would go to 1140 too.

This is personal opinion. Dont take it too serious.

Best Regards,
TraderPP,

Penafian

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