Set Breaking up downtrend channelHi there!!
Set Breaking up downtrend channel , This sign may be similar double bottom pattern ??
Focus and see
Related indices
Analysis on SET INDEX: Time to bet (Continued)Dear All
Continued from the previous post,
It seem to choose to come down first before rising up.
So now, it is easy to plan the trade, as long as
There is buying flow coming around 1063 1053 // that would be the best point to buy.
But if broken, the long bias set up will become incorrect and cut
Analysis on SET INDEX: Time to BetHey 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 1
Analysis on SET INDEX (Cont.): Wait And See StageDear All
After a month, SET index reach its target at 1200.
Now it enter the new side way zone: 1185-1200.
The possibilities include
1. Break 1200, Next target 1230 ****
2. Drop Below 1185,
2.1 Next target 1160
2.2 Drop Below 1160
Best regard,
Trader PP
SET's 4th time RSI(50m)< 30 since it's inceptionEvery time the SET Index enters the RSI "red zone" (oversold territory), the long-term outcome has consistently been positive. Historically, the following 8–10 years have delivered strong returns, with some bull markets reaching over 15% annually.
The duration of time spent in this red zone has al
Analysis on SET INDEX: Almost the best time to buyHi All,
Long time no see,
As SET Index rally up in the beginning of the year,
Now it retrace back to make the second leg.
So, you should prepare yourself for this opportunity
Best Regards,
SET : Short term support & resistanceAs shown in the chart, the stock is currently trading between well-defined support and resistance levels on the weekly timeframe. The long-term support zone aligns with the historical low established during the last major market crisis, which has been retested recently. This confluence suggests a st
SET : Perfectly hit the crisis support The SET Index has precisely reached a historically significant support level—one that has consistently held during every major financial crisis in Thailand's history. Should the current monthly candlestick hold above this level without breaking lower, it may signal the potential for a rebound.
In t
SET downward projection7 Apr 2025
Reciprocal Tarrif will affects SET EPS. Fct Y25 EPS 86 with PE 12 -> Target bottom ~ 1032-1040
If it can break up and stand not a false break it can be the botIf it can break up and stand not a false break it can be the bottom of the index and can be the golden time of SET index but if it is slow down down trend not have a sign of strenght it will go down can go down a lot.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.