Hi, If 1400 cannot hold, go 1200 !! Best Regards, TraderApprenticePP QuanTechTtraderPP
Dear all, It is already confirmed to be down trend with downside to 1200 however, it is now in oversold area and close to supports. buy momentum should step in and push price up temporarily. Best Regards, Best regards, TraderPP TraderApprenticePP QuanTechTraderPP
Dear All, Big picture is remained going down. However, it look like it wont go down that easily. So be more cautious as it can break up the trend line and gain up momentum instead of going down as anticipated. Best regards, TraderPP TraderApprenticePP QuanTechTraderPP
Dear All, The dollar index which is dollar against the world is still trending up. It is obviously the uptrend in the small upward channel. Keep in mind It may retrace but still trending up. So, other stock markets will likely to be down or sideway down for a while. Best Regards, TraderPP TraderApprenticePP QuanTechTraderPP
Dear All, Currently, SET index break down 1460 which is the last line of defense for long position. After this, the trend is gonna be downward, It may bounce when oversold but overall it is going down. Going up then sell and clear your portfolio. Going down to 1280 // 1200 respectively Best Regards, Credit TraderPP TraderApprencticePP QuanTechTraderPP
Dear All, BTC finally break short-term downtrend line and immediately test 28k. It is the first positive sign for almost 3 months. Better prepared to take any action. If it retrace back and the selling force depleted it would be great time to enter long position Best, TraderApprenticePP QuanTechTraderPP
Dear All, Currently, NDQ is still in the negative view, It may bounce to test the resistance but overall It still did not look good. For traders // zone around 15k - 15.2k is the open short zone. If the index cannot break the downtrend line. Should view this as negative TraderPPP TraderApprenticePP QuanTechTraderPP
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...
Dear All, Even a month has passed and Nasdaq still hold it at this level, I would say that the view for short bias has been strong and gotten even stronger for now. So, if you are profitable, better sell it all. If you can pull the trigger to sell, sell it. What we should mainly focus is what we see in the chart, nothing more, nothing less All the...
Hi all, It broke down 14900 a few day ago. The next support would be 14-14.2k. If it could not hold, the sellibng force will push it down to 12k. so, better all or some now Best Regards, TraderApprenticePP QuanTechTraderPP
Hi all, This week, SET index broke down 1530 which is quite bad. And immediately reach the next bus stop 1500-1505. Today, it bounced up for the first time, The first testing level would be 1520. If it cannot break then the selling force will come back and test 1500 zone again. Some stocks like insurance can outperform due to increase in bond yield...
Hi all, This SET index finally got pulled back to 1530, and even broke down. The situation becomes moment of truth for long position or biased long. If you look into the timeframe day, it is already bad and 1515 is coming soon. But if you investigate into smaller timeframe, you will see that this level of close today, can also be the last line of defense for...
Hi all, Currently it still ranges between 1515- 1540. Firstly, it already triggered cut loss for daytrading when went below 1515 Additionally, the politics will likely be settled with Taksin and Junta combined. And so, we can expect the market to test 1540 first if break will go 1570. If it can also break 1570, that will be the beginning of big uptrend for...
Dear All, It has already touched 1570 and break it for a day. Then the selling pressure stepped in and push the market down. So, currently, it is the uptrend already. However, for the short term, the momentum is going downward. As long As 1530 ***** can hold. Your call should be buy or hold. All the best, QuanTechTraderPP TraderApprenticePP
Hi All, Currently, it consolidates around 25k -31k. The strategy is pretty simple. If you want to long, you wait for almost a month first if it breaks then long. If it breaks down 25k, you can short to 20k. In this month, I would bias short first and if it is not going down then Long QuanTechTrader PP TraderApprentice
Hi all, With all the new information, the graph now is on the verge of falling down. It is getting more complicated to analyze but... I could say that if it break down 1515 => go short !!! If this level can hold then it will be neutral view (sideway) so, keep your eye alerts and take any necessary action. All the best, TraderApprenticePP QuanTechTraderPP
Hi all, I posted in mid June that this one is very worth monitoring. Now, not only it broke the blue line, it also make higher high right after with real volume. So, it is still fine to follow or if it retrace, just go long. TraderApprentice PP QuanTechTrader PP
Hi all, Instead of falling down, the market decide to wait for more stimulus. So it will consolidate between 1515 and 1540. We just to to follow buy or sell the direction it choose. FB page: TraderApprentice PP. Tradingview: QuanTechTrader.