The pivotal rejection came to play once again and we may see some more see-saw ahead with dip presenting a buying opportunity. Major levels are marked on the chart below. Small to mid-cap remain under focus and the expected outlook is see-saw behavior in the short term. The pivot has been lowered to 48100 +/- 100.
Average weekly market cap is struggling in a narrow range but after two weeks of losing, it finally closed in the positive. Events that may influence the equities are MTB auctions on 14-Jul.