研究中心

The captured short positions on VN30F2210 should be held and stop the loss only when there is the closing price above 1,250 pts level. (Hourly chart)

The captured short positions on VN30F2210 should be held and stop the loss only when there is the closing price above 1,250 pts level. (Hourly chart)

Despite a strong recovery, the market sentiment is still cautious in the short term as the VNIndex closes below the 1,150-pts threshold. Therefore, traders should reduce long positions and wait for the next signals.

The captured short positions on VN30F2210 should be held and stop the loss only when there is the closing price above 1,250 pts level. (Hourly chart)

The VNIndex crosses down the 1,100-pts threshold, implying a downtrend. Besides, the market sentiment has become pessimistic. Therefore, traders should reduce long positions and wait for the next signals.

The captured short positions on VN30F2210 should be held and stop the loss only when there is the closing price above 1,250 pts level. (Hourly chart)

The VNIndex continued to go down for the fourth losing week in a row due to high selling pressure. The bearish trend is dominant in the short and medium term because of pessimistic sentiment. In this case, investors should reduce long positions and wait for the next signals.

Although the recovery, the downtrend is confirmed due to low liquidity. Therefore, traders should reduce long positions and wait for the next signals.

According to the GSO estimate, in Sep, the total agriculture export value is USD1,526mn (-5% mom and -1% yoy). Except rice and cassava remain at the same level as the last month, most agriculture products record a decrease in export output. According to the Thai Post, Thailand and Vietnam could increase the export price by 20% compared to the current level. However, Vietnam Government has not yet confirmed it.

The captured short positions on VN30F2210 should be held and stop the loss only when there is the closing price above 1,250 pts level. (Hourly chart)