Vietnam Insight

-The stock market rallied today. Market breadth was in favor of the sellers with 423 losers and 304 gainers. The seafood processing industry had the worst trading session in the market.

- At the end of the session, the VN-Index dropped 6.04 points (-0.57%), reaching 1,048.98 points; HNX-Index dropped 2.40 points (-1.15%), reaching 205.85 points.

- Technical perspective: The MACD is still below the signal line, while the RSI has recovered slightly but is still below 50, meaning that the correcting phase is still dominant. It should be noted that the money flow started to diversify again. The index needs to break out of 1,070 points to confirm exiting the correcting pace. In the other case, the trend is still unclear. The right strategy is about holding.