Market commentary: Bullish signals?
After three sessions of consolidation around the 1,240 pts mark, the market has finally broken out, successfully surpassing the previous low of Sep/24. However, liquidity remains subdued, indicating an unstable cash flow. While the index shows positive signs, the upward momentum may struggle to sustain without a significant improvement in liquidity. Therefore, investors should monitor and wait for clearer signals before making further decisions.
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