Market commentary: Retracement phase?
A retracement trend appears to be gradually returning as the index continues to struggle to break through the Mar/2025 resistance level. At the same time, market liquidity is showing signs of cooling off, indicating growing investor caution. Given this context, sideways movements are likely to persist in the coming sessions, potentially forming a short-term accumulation phase. Hence, investors are advised to remain observant and wait for clearer signals before making new commitments.
Featured Analysis
Covered warrant: Cautious ahead of the holiday period
Derivatives: Liquidity remains subdued
Market commentary: Green at the start of the week
Market traders: Cautious cash flow ahead of the holiday period
SBV returns to liquidity injection ahead of the holiday
Derivatives: Caution Ahead of the Holiday
Market commentary: Caution ahead of the holiday
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24/04/2026
Market commentary: Maintaining gains
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