Lunchtime Report
SET 1035.99 (+1.07)

SET opened lower in the morning session and went down to as low as 1029.62 (-5.30) before rebounding around 11:30AM. Leading today's gain are the Property Development, Steel, and Transportation sectors.

The afternoon session looks promising, with SET closing midday at the daily high. Much like yesterday.

GLOBAL and GLOBAL-W1 declined in the morning session. This could be from taking profit, or maybe they are just playing some funny games. But if it gets below 1.74, then perhaps it would be a cut loss point because it's likely to drop to 1.6 or something like that.
Looking at the GLOBAL's daily chart, I expect the resistance to be 7.10 which was yesterday's high and also this is where the 50-day EMA is. So if it can get past the 7.10 area, then it's going to be very cheerful. In the intermediate term, it's moving sideways between 6 and 8 baht as it has been since Nov. 2010.

Asian indices vary, ranging from -0.5% to +0.5%.