Is SIS going up? How far?

SIS is currently around a major support level, shown as the yellow dashed line. In my opinion, it is still likely to bounce off this level and test the next resistance.

This is supported by a strong and robust volume profile, which, for me, is a sign of potential upward movement.

However, SET sentiment and the Thai economy remain weak, and the major trend for SIS is still downward. Therefore, I don’t expect SIS to go too far.