FAILED TO ADVANCE
The market's attempt to gain points failed, and it returned to a seesaw state around the 1,500-point threshold. Liquidity slightly increased compared to the previous session, indicating that profit-taking supply is still quite active and contending with supportive cash flow.Although it hasn't been able to gain points, the market is still receiving support when retreating closer to the MA(20) area, as shown by the lower candlestick shadow. This supportive action could still help the market recover in the next trading session.
However, the negative impact from the recent sharp decline persists and could cause unusual volatility in the market. Concurrently, the current recovery is acting as a retest of supply before the 1,536-point resistance area.
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