Market Recap - Cautiousness                                            
                    
                        
                        03/08/2023                    
                Summary
▶ In Thursday's session, liquidity increased again, two main indexes dropped, showing cautious sentiment of investors.
▶ At the end of the session, the VN-Index dropped 9.48 points, equivalent to 0.78%, reaching 1,210.95 points; HNX-Index dropped 1.54 points (-0.64%), reaching 239.77 points.
▶ Technical view: The market corrects after an overheated rally in the past when the STOCH RSI and RSI have shown clear overbought signals from many previous sessions. With today's drop, these indicators have returned to a more balanced zone. Regarding the trend, the market still holds the MA10, showing that the uptrend is still maintained.
Category
                                    
                                        Daily                                    
                                Author
                                    
                                        SSV                                    
                                Details
                                    Page: 5
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File format: pdf
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