Analysis on SET Index: Sideway with negative bias

Dear All,

After SET Index bounced 1500 for the first time, it could not break beyond 1520.

As a result, the selling pressure came in and hammer it down below 1500.

Currently, the range is not 1500- 1530 any more, it is shifted to 1460 - 1500.

As long as it cannot go beyond 1530, selling pressure will keep coming in.

Special note, several analysts and investors deemed that the next quarter will be up rally for thai stock market since futures investors are all forced to close all the positions.

But let us see what will eventually be.
What we should mainly focus is what we see in the chart, nothing more, nothing less.

Best Regards,
TraderApprenticePP
QuanTechTraderPP