Vietnam Insight

- In the Wednesday session, the VN-Index turned down due to strong selling pressure in the afternoon session. Liquidity continued to explode and remained above the 20 session average.

- At the end of the session, the VN-Index dropped (-0.27%), reaching 1,075.17 points; HNX-Index increased by 1.48 points (+0.67%), reaching 222.81 points.

- Technical view: VN-Index continues to struggle at the resistance area of 1,080 points (MA200). The strong selling pressure appeared from the afternoon session but the demand absorbed well, helping VN-Index closed with a retreat candle. If it overcomes the current resistance, VN-Index could head towards the 1,100 area and further to the 1,120 level.