Market commentary: Selling pressure emerges
The market posted a decline following the previous strong rally, suggesting profit-taking pressure has emerged as the index approached higher levels. Moreover, the index is currently near the 20-day and 100-day moving averages, indicating that it may soon retest these key support zones in the coming sessions.
Featured Analysis
Market commentary: Selling pressure emerges
ACB – Brief – [NONRATED] – AGM: Enhance capacity and expand operations
Derivatives: Breakout session
Market commentary: Broad-based gains across the market
Derivatives: Positive signal maintained
Market commentary: Divergent performance
Strategic Insight: Focus on the long-term bullish outlook
