PROFIT-TAKING PRESSURE
The market faced resistance upon reaching a new high, the 1,392 point area, and underwent a correction with a Star candlestick. Liquidity increased compared to the previous session, indicating that cash flow continues to provide supportive momentum for the market. However, investors took the opportunity to take profits as liquidity rose, putting pressure on the market.Profit-taking supply may continue to exert downward pressure on the market in the next trading session. Nevertheless, any pullback, if it occurs, is likely to be a corrective move aimed at finding a balance area.
It's expected that the prior upward trend will provide support when the market pulls back, with the short-term support area being the 1,355 – 1,370 point area.
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