WIDESPREAD GAINS
The market increased but remained cautious as it approached the MA(20) line, the 1,325 point area, forming a Star candlestick. Liquidity increased compared to the previous session, indicating that supportive cash flow improved, but supply also rose as the market neared the MA(20) line.Although the market hasn't yet managed to break above the MA(20) line, the current signals also show an effort by cash flow to absorb supply. The contention may continue in the next trading session, and the market will keep testing the MA(20) area.
If it can break above this area with good liquidity, the market will have a better chance to return to its old peak area, the 1,350 point area.
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