SET Index : Watch 973-974 as key support today

The SET wants to rebound, but is being held back due to local issues. How long this drag effect will last is anyone’s guess, and for today watch key support at 973-974. it will likely be tested, but we need a close below 970 to properly confirm anther downside wave to nearer the 920—930 zone later this month or even in to early March. The SET needs to post a strong weekly close above the 1000 mark to end the indecision in the charts, but we are confident it will do so in the not too distant future, so treat near term weakness as a time to accumulate quality at decent prices.

 

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