Report

COOL DOWN

The market's recovery momentum is being hindered at the MA(50) area (1,680 points), pulling back slightly with a small-body candle. Liquidity decreased compared to the previous session, indicating that both cash flow and supply are in a probing state following recent volatile swings.
Being resisted and returning to a probing state is normal market behavior after a strong recovery session near the 1,690 – 1,710 resistance zone. This status will likely persist in the next session, potentially leading to a pullback to retest the supportive strength of the MA(100) line, which is currently the key short-term moving average.
Supply and demand signals during this retest will significantly influence the market's next move.
Provider
Viet Dragon Securities
Viet Dragon Securities

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Analysts
Phuong Nguyen

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