FOREIGN SELLING PRESSURE
The market declined despite the previous signal of surpassing 1,260 points. However, the market is still being supported at the 1,250 points area, MA(20) and MA(50). Liquidity increased compared to the previous session, showing increased supply and dispute with cash flow at the support area.It is expected that the 1,250 points area will continue to support the market in the next trading session and create an opportunity for the market to re-test supply and demand at the 1,260 points area.
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