Analysis on SET INDEX: comeback down to uptrend line??
HI Traders and Investors
Currently, it is mid day and the index drop to test at the uptrend line again.
it is quite sensitive and the area that everyone should keep an close eye on.
either broken down to 1350 (not that significant) or 1300 (highly possible if broken down).
or it would continue to consolidate in the range i drew.
personally, i think it would more toward going down
this is the critical area where actions should be taken upon
Best,
TraderPP
Currently, it is mid day and the index drop to test at the uptrend line again.
it is quite sensitive and the area that everyone should keep an close eye on.
either broken down to 1350 (not that significant) or 1300 (highly possible if broken down).
or it would continue to consolidate in the range i drew.
personally, i think it would more toward going down
this is the critical area where actions should be taken upon
Best,
TraderPP
Trade active
yep 1360 broken down, lets see if 1350 can holdTrade closed: target reached
most likely that it would continue to go down for tomorrow 24/1/2025
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.