Is Tehran Stock Exchange in a phase of change?
The main indicator of the Tehran Stock Exchange returned to an upward trajectory in Wednesday's trading after a 7.5% decrease. In total, however, the drop in the glass hall thermometer exceeded 10 percent from the peak of May 12, which, according to the definitions of financial markets, indicates the entry of the Tehran Stock Exchange into the reform phase.
🔹If the stock market continues to decline and the index falls below the range of less than 840,000 units, the Tehran Stock Exchange will enter a new phase, which is called the bear market, and coincides with the intensification of falling prices in financial markets; Conditions that are different from the behavioral coordinates of the corrective phase.
Given the general level of stock prices, on the one hand, and the easing of the new liquidity inflow fever, on the other hand, the heavy impact of supply and demand next week is expected to determine the short-term trend of the market.
