Market Recap - Sideway in doubt


▶ In Tuesday's session, the liquidity decreased slightly, and the two indexes moved in opposite directions, showing the struggling sentiment of investors.

▶ At the end of the session, the VN-Index lost 2.79 points, equivalent to 0.23%, reaching 1,234.05 points; HNX-Index gained 1.01 points (+0.40%), reaching 251.45 points. 

▶ Technical view: The market bounced back when touching the MA10, showing that the buying force is still maintained to support the market. However, the short-term uptrend is challenged when the index is moving below the support line of the short-term uptrend. The indicators are also giving negative signals when the MACD line has crossed the signal line. At the same time, the RSI continued to drop below 70 points and signaled a divergence against VNINDEX, signaling that the risk continued to increase.

Vo Thi Thuy Trang

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