the upward trend under the microscope; Alarm or new opportunity? By plotting the rising channel of the equal weight index on the daily chart, from October 1404 to now, the upward trend of the stock market as a whole can be clearly seen. Since the end of May this year, demand has increased in a wide part of the market and the equal weight index has entered the upward trajectory with a significant acceleration. During this process, the equal weight index experiences several phases of rest and short-term corrections; Disruptions that helped relieve the buying pressure and restore market energy and finally formed the basis for the continued upward movement. However, since the end of September, although the index has continued to experience positive fluctuations, the strength and momentum of its upward steps have decreased; In such a way that during the last two weeks we are mainly witnessing the neutral movement of the index. The amazing thing about the behavior of an equal weight index is the lack of significant price correction at different times. During this period, rather than exiting the market entirely, liquidity shifted primarily between groups and industries that had better fundamental performance. Even on heavy trading days, the green cover of about 20-30% of the symbols shows that the demand flow has not completely exited the market. This behavior can be seen as a sign of the relative dynamism of the market and the continued confidence of some investors in its prospects. On the other hand, due to the prevailing inflation in the prices of goods and assets, it seems that the stock market is still dealing with the feeling of lagging prices from the point of view of some investors; An issue that can strengthen the ability to return to demand if conditions improve. Future scenarios of the equal weight index From a technical point of view, after breaking the rising channel for the medium and long term, the equal weight index experienced a retreat phase and then returned to its upward trajectory. Considering the recent upward step of the index and the decrease in the acceleration of its movement, two main scenarios can be considered for the continuation of the market path: 1 first scenario; A powerful return to the ascending path in the optimistic scenario, the index returns to its upward movement after a short-term break and tries to restore the trend line that was broken in the past.

the upward trend under the microscope; Alarm or new opportunity? By plotting the rising channel of the equal weight index on the daily chart, from October 1404 to now, the upward trend of the stock market as a whole can be clearly seen. Since the end of May this year, demand has increased in a wide part of the market and the equal weight index has entered the upward trajectory with a significant acceleration. During this process, the equal weight index experiences several phases of rest and short-term corrections; Disruptions that helped relieve the buying pressure and restore market energy and finally formed the basis for the continued upward movement. However, since the end of September, although the index has continued to experience positive fluctuations, the strength and momentum of its upward steps have decreased; In such a way that during the last two weeks we are mainly witnessing the neutral movement of the index. The amazing thing about the behavior of an equal weight index is the lack of significant price correction at different times. During this period, rather than exiting the market entirely, liquidity shifted primarily between groups and industries that had better fundamental performance. Even on heavy trading days, the green cover of about 20-30% of the symbols shows that the demand flow has not completely exited the market. This behavior can be seen as a sign of the relative dynamism of the market and the continued confidence of some investors in its prospects. On the other hand, due to the prevailing inflation in the prices of goods and assets, it seems that the stock market is still dealing with the feeling of lagging prices from the point of view of some investors; An issue that can strengthen the ability to return to demand if conditions improve. Future scenarios of the equal weight index From a technical point of view, after breaking the rising channel for the medium and long term, the equal weight index experienced a retreat phase and then returned to its upward trajectory. Considering the recent upward step of the index and the decrease in the acceleration of its movement, two main scenarios can be considered for the continuation of the market path: 1 first scenario; A powerful return to the ascending path in the optimistic scenario, the index returns to its upward movement after a short-term break and tries to restore the trend line that was broken in the past.