DEFENDING THE 1,800 THRESHOLD
The market experienced a sharp decline during the trading session, retreating near the MA(50) zone at the 1,775-point level, but received support and made an effort to return above 1,800 points. Liquidity increased slightly compared to the previous session, indicating an increase in supply, but this was temporarily concentrated in only a few stock groups and has not yet significantly impacted the overall market.The effort to return above 1,800 points demonstrates that the market still values the 1,800-point zone, the lower boundary of the short-term uptrend channel. At the same time, this signal shows that supply pressure is not yet sufficient to shift the market into a short-term downtrend.
The market is expected to be supported at the 1,800-point level and recover to continue its efforts to establish a balance zone above 1,800 points.
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