STRUGGLE AT THE PREVIOUS HIGH
The market retested its former peak but continued to record resistance pressure in this area with a Star candle accompanied by increasing liquidity. Liquidity rose compared to the previous session, indicating that supply is still present at the old peak and is restraining the cash flow's supporting efforts.The recovery movement has brought the market close to the 1,800-point area, which has formed the market's short-term peaks over the last 3 months. This zone has triggered an increase in supply and caused a strong tug-of-war with supportive cash flow. The current candle signal may exert downward pressure on the market in the near future. Simultaneously, supply and demand signals within the 1,750 – 1,800 zone will have a major impact on the market's next move.
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