FOREIGN SELLING PRESSURE
The market remains cautious and pulled back in the face of selling pressure near the 1,280-point resistance area. Liquidity increased compared to the previous session, indicating that the profit-taking supply is still ongoing and putting pressure on the market.With the current bearish signal, the market has temporarily lost the opportunity to break through the 1,280-point resistance area and may be under pressure to retreat in the next trading session to retest the supporting cash flow in the 1,265–1,270 point area.
This area is still having a supporting effect and may help the market regain balance. If the supporting cash flow remains good and absorbs the supply, the market will have more opportunities to challenge the 1,280-point resistance area in the near future
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