OVERWHELMING BUYING AT CEILING PRICE
The market rebounded strongly after finding support at the 1,080 point area in the previous session, an area near the trendline connecting the low of April 2020 and the low of November 2022. Liquidity decreased sharply compared to the previous session, indicating that buying pressure is dominant in the market, while supply is quite limited.Currently, the recovery momentum is strong, so it is expected that the market will continue to experience a positive recovery in the next trading session and test the 1,230 point resistance area. Temporarily, the market will likely experience contention in this area, and liquidity will increase.
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