Market commentary: Negative sentiment dominates the market
The market continued to face significant selling pressure, pushing the index below key support levels and closing beneath the 20-period moving average amid high liquidity. This development indicates investor sentiment has turned negative, implying ongoing short-term correction risks. Therefore, investors should consider gradually reducing stock exposure in their portfolios.
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
