Barton's Asian Stock Market Charts  .................................................................................................................................... Disclaimer ; Glossary

 Delete temporary internet files (tools; internet options) if you are not seeing the latest update.


Please follow this link to read our donation suggestions:

Thailand

This will be the last full update until June 26. For important chart updates before that date, see the home page.

12th May: No change from last week: the real test would be a rally above the neckline at 860. Resistance would then be at 930 to 960.

Current prediction

Short term: none

Medium term: none

Long term:
1.  Symmetrical triangle (daily) points to 1,000
2.  Symmetrical triangle (weekly) points to 1,000

Currency:  none

See long term weekly charts with analysis
.





Enter your search termsSubmit search form


Charts current to 9th  May,  except where otherwise indicated


---

Now you can give something back by donating to this site.

 Please follow this link to read our donation suggestions:

---


A plausible scenario in green based on considerations of symmetry (which rarely happens but looks like it might happen this time). Breakout would be at 860. Volume last week was encouraging.

---

Top scenario in black. Just a possibility at this stage.

---


Prevailing target of 1,000 in the context of three previous triangle patterns.

---

Chart current to 30th April.
At 12, the PE for the SET is still rather high, compared to that of recent years.

---

The wedge in green puts a bearish complexion on the the short term outlook.

---


Support around 280. A guess in pink.

---

The channel in green is the more important phenomenon. The top has nearly run out of time.

---

Good long term support in orange.

---

Great potential for a breakout, as shown in green.

---

Support in pink and resistance in orange.


---

Good support in orange and good chance of bottoming.

---

Support now and at 32.5.

---


Link to individual Thai Stock Charts

Visit my goat farm: (yes that's right, 'goat farm'. You don't think I waste my time looking at stocks all day!)

Click on Lulu to go to the farm

---

East Asia ..Hongkong..India..Indonesia..Japan..Korea..Malaysia..Philippines.Singapore..Taiwan. Thailand ..Dow. Other markets.Weekly Charts .. Home .. Contact

©2008 Copyright asiachart.com

History

All predictions since 1996

---

Sign my GuestbookView my Guestbook