Vietnam Insight

The U.S. market is concerned about persistent inflation. On Tuesday, the Dow dropped 0.42%, the S&P 500 fell 1.11%, and the Nasdaq Composite tumbled 1.89%. These losses came after the latest ISM services data showed an acceleration in activity and a rise in prices, which fueled concerns about persistent inflation and reduced expectations for further Federal Reserve interest rate cuts. 

Continuing to decrease, VN-Index fell below the support zone of 1250 points. VNINDEX closed at 1,246.95 (+0.60 points, +0.05%) with liquidity maintained at the 20-session average. Foreign investors net sold VND 91 billion. If VN-Index reacts negatively at the EMA200 zone and loses this zone with a rapid and strong decline during the session, the index is expected to return to test 1,200-1,230 points. On the contrary, if it continues to successfully hold this zone, VN-Index will attract more buyers and return to test the 1,300 point zone (on the weekly chart frame, VN-Index is still above EMA50).

Trading Strategy: Investors can maintain observation in this area and consider reducing positions in stocks that violate technical signals. Short trading strategies are still prioritized and need to consider the two support and resistance levels of 1,200 and 1,300.

Summary of the 2025 Real Estate Outlook Conference with CBRE