Vietnam Insight

- The stock market drop remarkably today. Most stocks traded in the red.

- At the end of the session, the VN-Index dropped 35.13 points (-3.44%), reaching 985.21 points; HNX-Index dropped 6.80 points (-3.31%), reaching 198.50 points.

- From a technical perspective: The index lost support around 50-day MA to end the session below the psychological level of 1,000 points. The technical indicators are also showing less positive signal as MACD has crossed the signal line and is widening the spread while RSI continues to drop, showing that the money flow is weakening. The appropriate strategy should lower the weight and stand outside to observe the market.