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In the short term, the downtrend is dominant as the VNIndex closes below the 100-period and 50-period moving averages. Therefore, traders should stay on the sidelines and wait for the next signals.

In this case, the downside is still intact due to high selling pressure around 1,100-pts threshold. Therefore, traders should stay on the sidelines and wait for the next signals.

Foreign demand has slowed down but the market kept ending up to be net bought. With ETF flow, inflow across Vietnam kept decreasing, recording at USD9mn, a 4-month low. Inflow across Vietnam has slowed down for 2 consecutive weeks as well as inflow has not spread to major ETFs which is the sign of weakness. Thus, there is the high probability for outflow to occur in upcoming weeks

The downside risk is still intact in the short term because selling pressure appears around the 1,100-pts threshold. Therefore, traders should stay on the sidelines and wait for the next signals.

Despite the recovery, the downside risk is still intact in the short term because selling pressure appears around the 1,100-pts threshold. Therefore, traders should stay on the sidelines and wait for the next signals.

In the short term, selling pressure appears around the 1,100-pts threshold. That implies the downside risk is intact. Therefore, traders should stay on the sidelines and wait for the next signals.

In the short term, the VNIndex increases to retest the 1,100-pts threshold. However, the downside risk is intact due to high selling pressure at a high level. Therefore, traders should stay on the sidelines and wait for the next signals.

The market ended up to be net bought with net buy value recorded at USD78mn (-28.9% wow). Particularly, market demand concentrated the most on Materials due to large buy orders on HPG. With ETF flow, the flow of money across Vietnam plummeted compared to the previous trading week with net inflow was USD26mn (-63% wow), driven by the strong demand on Diamond, VFMVN30 ETF, and X FTSE Vietnam.

In the short term, the downside risk is still intact as the VNIndex closes the 1,100-pts threshold. That implies a downtrend. Therefore, traders should reduce long positions and wait for the next signals.

Despite the recovery, the downside risk is still intact as the VNIndex closes below the 1,100-pts threshold. That implies a downtrend in the short term. Therefore, traders should reduce long positions and wait for the next signals.