SIF index, BET-FI, lost over 6% in four consecutive sessions ofdecline, one of the few corrections of this year. Most analysts saytechnical analysis shows the stock exchange may continue toregister corrections of as much as 10% on short term on SIFs andBET and should corrections exceed this threshold, the market trendcan be reversed. From a broader perspective, analysts are drawingattention to the fact that after the strong increases of the pastyear we can also witness significant corrections, of 30% to 50%, inthe context where, for instance, the BET-FI index has so farclimbed by around 280% from the lows of last February. "Consideringthe level of liquidity remains above an average level registered inthe past 25 sessions, we can expect the corrective wave to becomplex (...)," says Adrian Danciu, head of the research departmentof Broker Cluj. According to him, there is no question for the timebeing of a trend reversal on the medium term.
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