SET: Let's see if the big players can really push it up

Seeing SET recover for a few consecutive days, I can't help but wonder how serious this round is. The 1400-1420 range has been a resistance many times. Those holding positions should be careful. I think the big players haven't shown clear enough signs to say this is a strong reversal point. It might just be a short bounce before going back to the lower range.

Personally, I think market liquidity isn't very supportive right now. Economic figures aren't strong enough to be a significant boost for Thai stocks. Some individual stocks might run, but for the overall SET, I think we still need to wait and see. Anyone entering now must have a clear cut-loss point or be prepared to hold long-term. I believe we are still in a period where we need to trade cautiously.