RECOVERY
The market showed a recovery response after testing the old peak area of 2024, the 1,306 point area, in the previous session. Liquidity decreased compared to the previous session, indicating a significant cooling of supply despite persistent net selling pressure from Foreign Investors.The recovery movement and closing above the 1,316 point area, the previous support area, may help the market continue to recover in the near term and retest the MA(20) area, around 1,325 points. At this area, the possibility of contention will arise, but supply and demand signals may influence the market's next move.
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