Vietnam Insight

▶ During Monday's trading session, liquidity suddenly spiked. While most industry groups fell sharply during the session, the real estate group attracted attention with many stocks increasing at full range.

▶ At the end of the trading session, VN-Index decreased 20.22 points, down (-1.6%), to 1,243.56 points; HNX-Index decreased 2.86 points (-1.19%), to 236.68 points. Market liquidity reached VND 43.1 trillion, equivalent to about 1,708.9 million shares traded.

▶ Technical perspective: After forming a divergence signal, the market reversed and formed a double top pattern, thereby confirming the end of the short-term uptrend. In the medium term, the market still maintains the trend as it shows signs of rebounding from the 1,220 area. Technical indicators continue to maintain negative signals as MACD has crossed the Signal line. The RSI indicator also formed a head and shoulders pattern, thereby confirming the downtrend of the RSI indicator.