RECOVERY EFFORTS
The market quickly recovered after a sharp decline and the recovery effort was maintained until the end of the trading session. Liquidity decreased compared to the previous session but remained at a fairly good level, showing that cash flow is trying to absorb supply.With the effort to rise above the 1,267 point area, the support will likely continue in the next trading session and may help the market return to the 1,270 - 1,280 point area to continue the process of testing supply and demand. Supply and demand signals in this area will have a great impact on the next move of the market.
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