Market commentary 2026/10/26: Improving upward momentum

The market recorded three consecutive advancing sessions following a downtrend, with price action resembling the Three White Soldiers candlestick pattern. This suggested that buying demand was gradually gaining the upper hand, selling pressure was easing, and recovery momentum was being sustained. Furthermore, the index had moved above most of its key moving averages, improving the technical outlook and reinforcing the prospect of a short-term recovery.