Vietnam Insight

VNINDEX continued to close down -4.06 points (-0.38%). Although there was news of interest rate reduction from the bank, the market did not react too strongly; The financial sector and the real estate industry will be the two groups of direct beneficiaries, the manufacturing sector is also considered to benefit.

Technically: the candlestick pattern is relatively unsatisfactory, the possibility of creating a double top falling in the short term; The next support level is 1,050. The signal line and the MACD line are approaching each other, showing that the price momentum is trending down. RSI is also showing bearish price power.

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