TURNAROUND
The market found support after pulling back near the 1,600-point area and quickly rebounded. Liquidity decreased compared to the previous session, indicating that supply pressure has temporarily and significantly cooled down and that cash flow is quickly creating recovery momentum for the market.The long rising candle has negated the downward movement of the previous session. Concurrently, it also gives the market another opportunity to extend its upward trend thanks to the signal of breaking above the 1,665-point resistance area.
The possibility of volatility may appear in the next trading session due to the rapid price increase, but the market still has an opportunity to record a new high in the near future.
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