Report

LATE-SESSION COOLING

The market experienced a recovery after preserving the 1,800-point support zone in the previous session; however, the recovery remains quite cautious, as evidenced by the upper shadow of the candle. Liquidity increased compared to the previous session, indicating a tug-of-war between supply and demand during the recovery.
The cooling down toward the end of the session may exert downward pressure on the market in the next trading session. Nevertheless, the market is expected to continue receiving support when retreating near the 1,800-point zone and recover again to continue the supply-demand probing process, as well as the effort to build a balance zone above 1,800 points.
Provider
Viet Dragon Securities
Viet Dragon Securities

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Analysts
Phuong Nguyen

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