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S&P 500 INDEX OPEN FLEX SETTLEMENT VALUES&P 500 INDEX OPEN FLEX SETTLEMENT VALUES&P 500 INDEX OPEN FLEX SETTLEMENT VALUE

S&P 500 INDEX OPEN FLEX SETTLEMENT VALUE

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SET trade ideas

Has the air ran out from SET?After a strong bullish run, SET managed to close with bearish candle that engulfed the larger indecision candle from the trading day before. I would have been calmer if SET50 and S50 would have followed its sister, but they have not had a close over the June highs. So let's ask us the question; is this the end of x-mas / Covid vaccine rally and time for a lager correction? Well if the 1450 support doesn't hold, the gap support and fib.618 might very well be a good area to find new buyers. Although, I personally, would feel more at ease if SET went all the way down to fib.50, to find new buyers, so investors can get a healthy northern ride, with nice slow higher highs and higher lows.
SET:SETShort
by SamuiTrader