UPWARD MOMENTUM SLOWS
The market continues to face resistance in the 1,370-point area, and its upward momentum has been curbed with a Star candlestick. Liquidity decreased compared to the previous session, indicating that supportive cash flow has somewhat cooled down as the market advanced, but supply pressure isn't strong for now.The market remains in a tug-of-war to test supply and demand after the signal of breaking above the 1,350 – 1,355-point resistance area. This probing movement will continue, and a corrective phase might occur in the next trading session.
If a correction happens, the market will find support if it retreats to the 1,360-point area and recovers.
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