When Wave 3 Extends to 3.618×✅ What It Means
• Wave 3 has extended to 3.618× the length of Wave 1, which is a very strong impulsive wave.
• This often indicates high momentum and strong underlying trend (usually confirmed with high volume).
• It’s a classic sign of an extended wave structure — common in high-volatility, tren
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Analysis on S50 Futures: Most likely to go down tmrHI All
With the today's red candle, the trend is down, momentum is down as well.
The Index now will go back to test 694, if brown down 650.
The way to make money from this market is to not over trade, simple as that.
It does not matter what method you use, once overtrade, it is bound to lose
Be
Analysis on S50 Futures: Last line of DefenseDear ALL
it is now close to the 735.
if this level do not hold, you would most likely to see 635.
lets just hope that this level hold.
on trading plan, morning if not going down, it may went up to 755
but in the end, it would go and challenge 735.
short bias should prevail
Best of luck
Trade
Analysis on SET50 Futures: sideway phrase endedDear All
After shooting up for quite some time.
It consolidate in the high zone and now the uptrend line is broken down.
Most likely that, from now on, it would go down but trend and momentum.
The target obviously 890 and 850.
After that it should start to go side way and continue upward again
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The nearest expiration date for SET50 Index Futures is Jun 27, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell SET50 Index Futures before Jun 27, 2024.