Thailand

Thailand has been facing political upheaval for months already, and it looks to be culminating soon as protestors look to overthrow their government & military intervention may ensue. Chart is showing a bullish falling wedge & finding support at 23.6% fib extension from Nov 2011. I’d reckon the bottom within these few weeks as the next level down should only be reached if theres a complete economic collapse for extended periods. Chart is based on Aberdeen New Thai Investment Trust PLC.Image

 

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