Yesterday's decline led to a significant drop due to foreign selling pressure from the beginning.
It seems like we are slowly entering the bottom zone.
The deviation based on the 20-day line is the first since June 8th.
Even on June 8th, an uptrend followed that point.
There have been hardly any cases with double-digit figures in the past year... (Of course, the current deviation is absurd).
The current situation is confusing because
ahead of the preliminary earnings announcement for domestic semiconductors,
foreign selling pressure continues amid a situation where bad news keeps piling up, and on top of that, pension funds are also said to be starting selling.
Since we've hit the bottom once, I personally believe it may not rise further.
The current market is not a "No Way" situation. A turnaround is possible at any time, and most indicators are pointing upwards.
Don't be too discouraged by the market. Please continue to watch the market with your own views and I hope you all achieve good results.
