Vietnam Insight

- The stock market fell today. Most stocks traded in the red. Foreign investors continued the chain of net selling.

- At the end of the session, the VN-Index dropped 2.94 points (-0.28%), reaching 1,037.61 points; HNX-Index lost 0.69 points (-0.33%), reaching 206.14 points.

- From a technical perspective: The RSI has improved a bit but is still below 50, while the MACD is still sloping, meaning that the money flow hasn't been really drastic. The spreading momentum also started to be more limited and the divergence was inevitable. The current trend is not clear and the market may appear technical retracements with risks, so investors should limit excitement to avoid bull traps. The nearest resistance is at 1,060 points and the corresponding support is at the psychological level of 1,000 points.