6PM Call: Balance
- The selling pressure showed signs of cooling down, as the liquidity dropped to below 20 session average.
- Market bounced back and recovered quickly to close to the opening price att a fairly important short-term support level 1,035-1,040 points of VN-Index and 1,028-1,040 of VN30-Index. However, the minus point is that the demand is still not strong enough to pull the index up beyond today's reference price. This shows that cash flow is still relatively cautious in the short term.
- It’s expected that market will continue to recover, however the risk of weakness still remains.
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