RECOVERY EFFORT
The market experienced a fairly strong decline during the trading session but received support and recovered. Liquidity increased compared to the previous session, indicating intense contention between supply and demand as the market dropped significantly.The area around 1,775 points, a resistance zone from 2025 that the market previously surpassed, is providing supportive momentum. Simultaneously, the recovery signal has helped the market temporarily escape its short-term oversold state and return to an equilibrium zone around the MA(20) and MA(50).
The recovery is expected to continue in the next trading session, providing an opportunity for the market to test supply and demand in the 1,818 – 1,850 range, the area between the MA(10) and MA(20) lines.
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