Market commentary: Selling pressure at the end of the week
The sharp correction at the end of the week delivered a negative signal for the market. This suggests the index may enter a short-term downside phase. However, such a move is viewed as a technical adjustment or consolidation within a broader uptrend. Therefore, investors may maintain their current equity positions and wait for reversal signals to re-allocate capital.
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Market commentary: Selling pressure at the end of the week
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