Derivatives: Downtrend returns
Although accumulation appears on the hourly chart with the formation of a rectangle pattern, the downtrend remains dominant on the daily chart, indicating a high probability that the contract will fall below this range in the upcoming sessions. Traders should carefully monitor the next trend to make appropriate investment decisions.
Featured Analysis
Market traders: Proprietary and foreigners both recorded net buying
Market commentary: Afternoon selling pressure
Chart of the day: Awaiting the next signal
Derivatives: Declining liquidity
Derivatives: Awaiting the next signal
Market commentary: Market reversal
Derivatives: Optimistic sentiment
