Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

A full service Thai brokerage

Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

Thematic (Sector/Industry)

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<li>The SET Index is expected to move sideways, with the resistance at 1,600/1,611 points (200-day EMA) and the support at 1,587/1,580 points.</li>
<li>We suggest trading buy on GULF, BEM and OTO.</li>
<li>Technically, the index is likely to correct in the short term before testing the major resistance at 1,611 points next week. </li>
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The SET Index is expected to move sideways, with the resistance at 1,600/1,611 points (200-day EMA) and the support at 1,587/1,580 points.
We suggest trading buy on GULF, BEM and OTO.
Technically, the index is likely to correct in the short term before testing the major resistance at 1,611 points next week. 






<ul><li>The SET Index is expected to move sideways up, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.</li><li>We recommend trading buy on COM7, FORTH and SNNP.</li><li>Technically, the index may move up to test 1,600 points; if it manages to close above this level, there will be more buying signs. </li></ul>

The SET Index is expected to move sideways up, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.We recommend trading buy on COM7, FORTH and SNNP.Technically, the index may move up to test 1,600 points; if it manages to close above this level, there will be more buying signs. 

<div><div><div><div><ul><li>The SET Index is expected to move sideways, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.</li><li>We recommend trading buy on BCH, PTG and BAM.</li><li>Technically, the index is expected to swing in a narrow range after investors sold to take profit at the major resistance at 1,600 points; in the short term, the index may move in the range of 1,583-1,600 points. </li></ul></div></div></div></div>

The SET Index is expected to move sideways, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.We recommend trading buy on BCH, PTG and BAM.Technically, the index is expected to swing in a narrow range after investors sold to take profit at the major resistance at 1,600 points; in the short term, the index may move in the range of 1,583-1,600 points. 

<ul><li>The SET Index is expected to gain, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.</li><li>We recommend trading buy on BEC, AMANAH and GPSC.</li><li>Technically, the index is expected to gain to test the resistance at around 1,600/1,607 points. </li></ul>

The SET Index is expected to gain, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.We recommend trading buy on BEC, AMANAH and GPSC.Technically, the index is expected to gain to test the resistance at around 1,600/1,607 points. 

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

Taiwan Stock Exchange Weighted Index / Technical Analysis

<ul>
<li>In addition to shorting NDX at 13,000+, we saw key reversals in Japan and Taiwan after hitting short entry levels. Germany short is in focus as Europe tops.</li>
<li>Japan and Taiwan registered key reversals with NKY 27k and Taiwan 14,600 pivots to break.</li>
<li>Early August peak in the risk cycle ahead of a more brutal September period.</li>
</ul>


In addition to shorting NDX at 13,000+, we saw key reversals in Japan and Taiwan after hitting short entry levels. Germany short is in focus as Europe tops.
Japan and Taiwan registered key reversals with NKY 27k and Taiwan 14,600 pivots to break.
Early August peak in the risk cycle ahead of a more brutal September period.


Fresh Shorts in Our Early August Peak Risk Window

Japan

The Nikkei-225 Stock Average is a price-weighted average of 225 top-rated Japanese companies listed in the First Section of the Tokyo Stock Exchange. The Nikkei Stock Average was first published on May 16, 1949, where the average price was ¥176.21 with a divisor of 225. 

Nikkei 225 (NKY INDEX)

Zoom - August 5, 2022

The SET Index is expected to move sideways, with the resistance at 1,600/1,611 points (200-day EMA) and the support at 1,587/1,580 points.

Krungthai XSpring

Zoom - August 4, 2022

The SET Index is expected to move sideways up, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.

Krungthai XSpring

Zoom - Market Outlook - August 3, 2022

The SET Index is expected to move sideways, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points.

Krungthai XSpring

Zoom - Market Outlook

The SET Index is expected to gain, with the resistance at 1,600/1,607 points and the support at 1,583/1,573 points. We recommend trading buy on...

Krungthai XSpring

Fresh Shorts in Our Early August Peak Risk Window

In addition to shorting NDX at 13,000+, we saw key reversals in Japan and Taiwan after hitting short entry levels. Germany short is in focus as...

Thomas Schroeder