- The stock market rallied today. Most stocks traded in the green. VN-Index had a sharp increase in the late afternoon session thanks to the pull from large caps in the banking industry.
- At the end of the session, the VN-Index gained 12.14 points (+1.13%), reached 1,089.29 points; In contrast, HNX-Index dropped 0.81 points (-0.38%), reaching 214.47 points.
- From a technical perspective: The green color returned to the market, however order matching only reached a low level below 20 session average. This shows that the spreading momentum is limited and the money flow is quite diverged in the current period. The MACD has crossed the signal line, meaning that the correcting inertia is still there. The nearest resistance for the trend is the 10-day MA, corresponding to the area of 1,100 points. If the index has not broken through this level, investors need to be patient and limit excitement.
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