EFFORT TO ADVANCE
The market continues to find support and edged up slightly, testing the 1,372 point resistance area. Liquidity increased from the previous session but remains low, indicating that supply pressure isn't strong during the market's pullbacks. However, cash flow is still hesitant and awaiting market signals.The market continues to receive support from the upward Gap formed on June 24, 2024, and the prior upward trend is still positively influencing the market. Concurrently, supply at the 1,372 point resistance area remains weak for now.
These signals could create supportive momentum and help the market break above resistance and continue its upward movement in the next trading session.
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