Sawasdee – June 21, 2022
A chance to rebound but with limited upside |
||||
Market today | ||||
The SET is expected to rebound, however any upside is limited with resistances at 1,570 and 1,585; supports are at 1,550 and 1,540. Interest rate hikes to slow inflation is still a major pressure, particularly over how it will affect the economy. A key point to follow is Powell’s testimony to Congress on Wednesday, which is expected to have a large effect on the market. | ||||
|
||||
|
||||
Market strategy | ||||
SCBS Market Strategy 3Q22 – A twist in the tail | ||||
Industry analysis | ||||
Energy: oil and gas – Still prefer upstream plays on solid oil price | ||||
FOLLOW US
SCB's Facbook INVX's Twitter