Report

CORRECTION PRESSURE

The market failed to gain points and reversed with a relatively large point loss, and the market also pulled back below the 1,750 point area. Liquidity increased compared to the previous session, indicating that supply has increased significantly and is putting pressure on the market.
The signal of declining below the 1,750 point area shows that the market is losing balance and the risk of correction is still ongoing. However, this correction action may be acting as a retest of supportive cash flow following the breakout signal of the 1,700 point resistance area on October 9, 2025.
It is expected that the market will receive support when pulling back near the 1,700 point area, which is also the MA(20) area, and recover
Provider
Viet Dragon Securities
Viet Dragon Securities

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Analysts
Phuong Nguyen

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