price trend SET50 Index Futures
swing up marketUS stockspositive force
Factors affecting SET50
last fridayDowclosed up 823 points (+2.68%) to close at 31,500 points byS&P Index It rose more than 3 percent, the biggest single-day gain as a percentage point since 2020, after investors were worried about the hike plans.interest rateof the US Bank andinflation In addition, U.S. new home sales in May rose 10.7% to 696,000 units, better than the market expected 588,000 units.oil price WTI for August delivery closed down 3.35 (+3.2%) USD/barrel, closing at 107.62 USD/barrel. From the news of the cessation of oil production in Libya. An oil company has had to temporarily suspend oil production amid growing political protests. The BOE (June 27) reported 2,378 new cases, 1,834 more recoveries and 1,834 more recoveries. 17 additional deaths
medium term trend
medium term expected S50U22 upward sway The short term is more negative after unable to stand above 955. Assess 937/928/913 support and 950/962/970/980 resistance. If it does not stand above 937 it may swing down to the next support 923/913, but if it stands above 937 it may swing up to test the next resistance at 950/962.
It is recommended to open a long contract S50U22 at support 937 and close a position at resistance 950/962 with a stop loss at 932.
Factors to follow in the short term
The key factors for the week to keep track of are the numbers.Core PCE Index US for the month of May on Thursday night. Tonight, it tracks US durable goods orders for May and home sales awaiting the end of May’s US sales. Markets expect 0.6% and -2.0%. Wednesday is the last trading day for futures contracts ending in June.
SET50 short term futures trend (intraday)
last friday S50U22 Swinging up, slowing down to a low of 936.8, alternating back up to a high of 944.0 and closing at 942.2, with S50U22 gaining less than the index, making the Basis between S50U22 and SET50 at -8.16 points (Fair Basis Contract S50M22 and the S50U22 is at +0.08 and -7.43 points).
Assess the contract S50U22 may swing up. If it stands above 937, it may swing up to test resistance 943/950/957.
Strategies for Intraday Trading
It is recommended to open a long contract S50U22 at 937 and close a position at resistance 943/950/957 with a stop loss at 932.
For high risk takers, it is recommended to open a long contract S50U22 and close the position at the resistance 943/950/957, giving a stop loss of around 5 points.
For those who opened the S50M22 long contract at the 940 support level last Thursday. may have closed position at 950
PS. Contract S50M22 It will expire on 29 June. It is recommended to open a new position in the S50U22 contract instead of having a difference of about 7 points.
