Vietnam Insight

The policies began to be signed by Mr. Trump. US stock futures gained on Tuesday after Donald Trump was inaugurated as the 47th President of the United States, promising a “golden age” for the nation. On his first day in office, Trump signed a series of executive orders aimed at boosting energy production, while refraining from the new tariffs that many investors had feared. Market participants are also closely watching his pro-business agenda, including pledges for deregulation and tax cuts, which could provide a positive outlook for equities. However, uncertainty remains due to Trump’s unpredictable leadership style

Correction pressure across various sectors. VNINDEX closed at 1,249.55 (+0.44 points, +0.04%) with liquidity below the 20-session average. VN-Index appeared a doji candle with low trading volume, showing hesitation from both buyers and sellers. This is usually the trading trend of the market before entering the Lunar New Year. VN-Index is currently trading above EMA200 and below EMA50 with RSI remaining neutral around 50.

Trading Strategy: The market is following the main sideway trading trend. For short-term trading, investors can consider disbursing around this area and gradually taking profits when approaching 1,300 points. With a holding investment strategy, investors will only disburse strongly when the VN-Index breaks out and successfully defends the 1,300 point level.