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In this scenario, investors should decrease their long positions to the safety threshold and await buying signals.

In the short term, the downside risk is still present as the VNIndex closes below the 20-period moving average. Therefore, investors should reduce the portion of stock in their portfolios and wait for the next signals. In the next sessions, if the VNIndex surpasses the important resistance level of 1,200 pts with high liquidity, the selling signal formed on August 18, 2023 may be not right.

The downside risk is still present as the VNIndex still ends below the 20-period moving average. Therefore, investors should reduce the portion of stock in their portfolios and wait for the next signals. In the next sessions, if the VNIndex surpasses the important resistance level of 1,200 pts with high liquidity, the selling signal formed at the end of the previous week may be not right.

The stock market experiences a significant decrease in session with low liquidity, showing investors’ caution sentiment. Besides, the downside risk is still present as the VNIndex closes below the 50-period moving average. Therefore, investors should reduce the portion of stock in their portfolios and wait for the next signals.

The stock market increases slightly during the session with liquidity records at a normal level. Despite the recoveries, the downside is present as the bearish market is confirmed before. Therefore, investors should reduce the portion of stock in their portfolios and wait for the next signals.

In general, outflow across Vietnam’s ETF intensified strongly while an absence of signs of demand resurgence. In this case, selling pressure may present the next time, however, an expectation that demand will come back on some major ETFs the next time.

Although the downtrend is not confirmed, the current bullish swing has been completely paused. Thus, long positions on leading stocks should be closed by half until there is the accurate signal for the upcoming market leg.

The stock market experiences the deepest decline of the year session with record-high liquidity. Furthermore, the VNIndex also closes below the important resistance level of the 1,200-pts threshold, indicating a bearish signal. Therefore, investors should reduce the portion of stock in their portfolios. The next time, if the market appears recovery sessions, investors should be careful with their investment decisions. Because the systematic risk is at a high level and more probability it is a Bull Trap. Overall, investors should reduce the portion of stock in their portfolios and carefully observe the next movements of the market.

The stock market decreases strongly with improved liquidity, showing selling pressure is significantly intensified during the session. However, the VNIndex maintains to close above both the important support level of 1,200-pts and the 50-period moving average. Therefore, investors should hold long positions and wait for the next signal.

The stock market experiences a significant gain's day driven mainly by demand on the large-caps stocks. Moreover, the uptrend is still positive as the VNIndex remains end above the important support level of 1,200 pts. Therefore, investors should hold long positions and wait for the next signal.