Thailand SET Index (NYSEARCA:THD): Beware of a dead cat bounce



The Fed continued a pause on interest rate hikes but high interest rates in the U.S. still pose risks to the emerging markets as they become less attractive for foreign investors. The index remains in a bearish downtrend channel. So, stay cautious under the 1,430 resistance level.

This note contained herein is not and should not be construed as a recommendation to buy or sell. Click here to view the latest update!

Comments

Popular posts from this blog

TESLA INC. (NASDAQ:TSLA): A robotaxi war may be brewing in China

BITCOIN (BTC/USD): Bitcoin stuck under trendline resistances at ~ 69k or the Nov'21 high