The correction we were waiting for came and BIST100 dropped to 7800 liras. With the subsequent rise, the index tested the moving average again, but as we expected, it was rejected and fell below the 8000 level again. Here, we think that the index will decline to 7500 lira levels, especially if it cannot hold on to the 7900 lira support. We do not think that the rise will start again unless it stays above the 8000 lira level, which is the WMA 20 level in the 4-hour time period.