TESTING THE 1,585-POINT AREA
The market continued its upward trend but showed cautious price action at the 1,585-point area and closed below this level. Liquidity increased compared to the previous session, indicating contention between supply and demand before the resistance area.Although it maintained its upward momentum, the market is being curbed at the 1,585-point area, the level that caused a quick reversal on August 5, 2025. This signal shows that the market's potential for further gains is not entirely convincing, and it's likely that this resistance area will continue to exert contention pressure in the next trading session.
The supply-demand signals at this area could affect the market's next move.
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