Analysis on SET INDEX: it is this zone, no clear direction

28 dic 2024

Dear all

Now the market is falling with the down trend line while it bounced at the uptrend line also

this is why the playing zone for set index in the this frame (two trend lines)

if it break up then bias long, vice versa.

in my chart reading technique, it should reach 1430 first then need to see the selling pressure.

Best regards,

Not an investment advise

10 gen

Trade attivo

Hi all to update the idea, 1360 is already broken down,
the next level is 1350 which is likely to be broken as well.

see you around 1300