FOREIGN SELLING PRESSURE
The market recovered unsuccessfully and fell below MA(20). Liquidity increased compared to the previous session, indicating that supply continued to exert pressure while supporting cash flow remained cautious, especially with persistent net selling pressure from Foreign Investors.The signal of falling below the MA(20) suggests that the market is quite exhausted, and the corrective movement shows no signs of stopping, with the next support area being the 1,305 – 1,310 point area, a resistance area that the market surpassed in early March 2025. The market's downward pressure may continue as it enters the next trading session and retests cash flow signals from this support area. Temporarily, the market still has the potential to rebound after testing the support area due to the impact of the previous breakout signal.
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