Market trends - Falling momentum narrowed


- Stock market fell today. Most stocks traded in the red. 

- At the end of the session, the VN-Index lost 0.62 points (-0.06%), reaching 1,053.66 points; HNX-Index lost 0.65 points (-0.31%), reaching 209.31 points.

- From a technical perspective: In general, the bullish signal shows that the market has a good reaction at the short-term support of 1,040 points, which also corresponds to the lower edge of the trend channel. However, in the bigger picture, the gaining momentum has been violated so it will still be difficult for the index to recover in the following sessions. Moreover, the MACD is still below the signal line and pointing down along with the RSI has not risen above 50, meaning that the money flow is still weak. Therefore, today's bounce is not enough basis to confirm the reversal point, the appropriate strategy is still to lower the weight and stay out of observation.


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