Market commentary
10
November
Market commentary: Selling pressure persists
The downside risk remains present, as the index experienced sharp volatility along with a rise in liquidity. This trend indicates that investor sentiment remains cautious, as short-term capital has yet...
07
November
Market commentary: Liquidity continued to decline
The market continued to decline amid persistently low liquidity, indicating that investors remain cautious and reluctant to return to risk assets. In the short term, supportive signals remain insufficiently clear;...
06
November
Market commentary: Low liquidity
Although the market has posted two consecutive gaining sessions, it has yet to break above key moving averages, implying that downside risks remain. As such, investors are advised to stay...
05
November
Market commentary: Bulltrap?
The market’s strong rebound, accompanied by rising liquidity, indicates that money is gradually returning. However, as the index has yet to break above its 20- and 50-day moving averages, the...
04
November
Market commentary: Market reversal
The weakening buying momentum indicates that capital inflows have yet to return decisively to the market. In this context, short-term downside risks remain, suggesting that investors should remain cautious, closely...
03
November
Market commentary: Downside risks remain present
The market continued to weaken for the second consecutive session, reflecting prevailing cautious sentiment. Moreover, the absence of new inflows suggests that investors remain hesitant about a short-term recovery. In...
31
October
Market commentary: Selling pressure
After two consecutive recovery sessions, the market failed to sustain its upward momentum as selling pressure returned, driving the index below its 50-day moving average. This indicates that short-term downside...
30
October
Market commentary: Market recovery
The market closed with a Doji-like candlestick pattern and low liquidity, indicating a clear tug-of-war between buyers and sellers. This pattern reflects investor caution following previous volatility and suggests that...
29
October
Market commentary: Bottom-fishing demand
Although the market posted gains, liquidity failed to improve in tandem. Moreover, the index has yet to close above short-term moving averages such as MA10 and MA20, suggesting that the...



