Market commentary
07
October
Market commentary: Broad-based gains
The market staged a strong breakout with sharp gains and improved liquidity, signaling that buying demand is returning more decisively. This development suggests growing expectations for a sustainable recovery, and...
06
October
Market commentary: Downside risk?
The market weakened as it reversed to close below the MA10 and MA20 levels. This movement sends a bearish technical signal, implying that a short-term downtrend is gradually taking shape....
03
October
Market commentary: Selling pressure returns
With selling pressure reappearing in the previous session, risks are rising again, particularly as the index closed below the 10-day and 20-day moving averages. However, further signals are still required...
02
October
Market commentary: Market reversal
The session reflected a modest recovery, but the narrow trading range and cooling liquidity suggest that buying demand remains insufficient for a decisive breakout. This indicates the market is still...
01
October
Market commentary: Tug-of-war movements
The market recorded a pullback, suggesting that the accumulation phase has not yet ended as buying power remains insufficient to sustain a recovery. This development reflects persistent caution among investors,...
30
September
Market commentary: Green start to the week
The market rebounded after the previous corrective session; however, liquidity remained at a low level, suggesting that cash flow has yet to fully re-engage. This indicates that the market is...
29
September
Market commentary: Caution persists
The market reversed into a decline, coupled with subdued liquidity, signaling that investor caution remains dominant. This suggests the previous rebound lacked conviction, and the market may need more time...
26
September
Market commentary: Successful MA10 test
The market successfully broke above the 10-day and 20-day moving averages, signaling a positive technical outlook. However, as liquidity failed to improve in tandem, it suggests that investor caution persists....
25
September
Market commentary: Market recovery
The market has shown signs of recovery; however, liquidity remains at average levels, not yet strong enough to confirm a trend reversal. In addition, the index is gradually approaching the...




