SURPASSING THE 1,300 POINT PSYCHOLOGICAL THRESHOLD
Despite profit-taking pressure from the psychological resistance area at 1,300 points, the market continues to maintain its upward momentum and is approaching the previous peak area, the 1,305 points area. Liquidity increased compared to the previous session, indicating that cash flow is still attempting to provide support and absorb profit-taking supply.The previous peak area at 1,305 points is expected to create contention for the market, but given the upward movement remains quite resilient, the market may overcome this pressure and continue to advance. These supply and demand testing signals above the previous peak area could significantly influence the market's next move.
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