Vietnam Insight

Global stocks rebounded strongly, bounced back to the old bottom. The Dow added almost 800 points on Tuesday, and the S&P 500 and Nasdaq rallied 2.9% and 3.2%, respectively, on hopes that weaker-than-expected US economic data would temper the extreme hawkish tone from the Fed

Domestic stocks continued to decline. The case of RSI falling below 20 is very rare in the past, this usually reflects a index shocking drop in the context of many big and global events. The market usually has rallies and gains better after that.

• Domestic and international news
• The RSI is falling below 20, has the market reached the “balanced” zone?
• Technical view and recommendations