PLUNGED DURING THE ATC SESSION
The market reversed and declined after failing to challenge the old peak at the 1,800-point area. Liquidity remained steady compared to the previous session, indicating that while supply was not overly large, it still had a negative impact as cash flow remains cautious at the former peak.This reversal temporarily negates the cash flow's efforts to absorb supply at the old peak and negatively affects the market in the short term. The market is expected to continue pulling back in the next trading session and retest the equilibrium zone at the MA(20) line, around 1,715 points.
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