Research Center

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

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.

Lực cầu bắt đáy trong phiên chiều đã đẩy VNIndex hồi phục trở lại quanh điểm tham chiếu với thanh khoản vẫn ghi nhận ở mức ổn định. Tuy nhiên, rủi ro giảm điểm vẫn còn nguyên vẹn khi chỉ số này duy trì kết phiên dưới đường trung bình động 20 kỳ. Do đó, nhà đầu tư nên giảm tỷ trọng cổ phiếu trong danh mục và chờ đợi các tín hiệu tiếp theo. Trong những phiên tiếp theo, nếu VNIndex có dấu hiệu tăng mạnh cùng với thanh khoản ở mức cao thì tín hiệu bán hình thành cuối tuần trước có thể sai.

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.

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.

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 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.