Looking back using term history repeat itself it can be predicted that current situation is similar what had happen on last year
From August till November market is downtrending and rebound at November until mid of December
Next obvious major reversal support previously is at 1452 area with strong upwards movement
Currently bursa is struggling by parliamentary issue instead of covid which has still be in progress and the number of cases counting up around 17k cases daily
If the trend continues downtrending, next support is at 1452 and hope that politic stability will make the market rebound towards recovery phase
From August till November market is downtrending and rebound at November until mid of December
Next obvious major reversal support previously is at 1452 area with strong upwards movement
Currently bursa is struggling by parliamentary issue instead of covid which has still be in progress and the number of cases counting up around 17k cases daily
If the trend continues downtrending, next support is at 1452 and hope that politic stability will make the market rebound towards recovery phase
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