Market commentary: Absorbing selling pressure
The market faced correction pressure as the index approached new highs, reflecting short-term profit-taking. However, the uptrend remains intact, with the index still trading above most key moving averages. Therefore, investors can maintain a high allocation in their investment portfolios.
Featured Analysis
Derivatives: Cautious sentiment
Market commentary: Absorbing selling pressure
Market traders: Proprietary trading returned to net buying
Derivatives: Uptrend maintained
Market commentary: Extending the uptrend
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Covered warrant: Positive momentum in the CW market
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