Market commentary
28
November
Market commentary: Uptrend stalls
The market closed the session in a near-flat state, with cautious trading activity reflected in low liquidity levels. This indicates a hesitant sentiment among investors, who remain on the sidelines,...
26
November
Market commentary: Broad-based demand
Although the market posted gains, the cash flow remains cautious and lacks a clear breakout as liquidity remains low. This implies that the current upward trend may not be sustainable....
25
November
Market commentary: Reversal point?
Although the market ended in the red territory, demand throughout the session reflects some optimism among investors, though not strong enough to sustain an uptrend. Moreover, with liquidity remaining low,...
22
November
Market commentary: Uptrend signal?
The market has recorded two consecutive sessions of broad-based gains. However, liquidity remains low, suggesting that this uptrend may not be sustainable. Therefore, investors are advised to remain observant and...
21
November
Market commentary: Broad-based gains
Although the market successfully regained its footing with a green session after four consecutive losing sessions, downside risks remain as the VNIndex continues to close below most major moving averages....
20
November
Market commentary: Low liquidity
The market recorded four consecutive declines, invalidating the previous Spinning Top candle, signaling the continuation of a bearish trend. Investors are advised to observe and await clearer reversal signals from...
19
November
Market commentary: Demand returns
With the appearance of the Spinning top candlestick, the market shows a positive signal about a reversal in trend. However, it needs more confirming candlesticks afterwards to assert that the...
18
November
Market commentary: The red territory covered the market
Downside risk continues to increase as the market undergoes a strong adjustment. Moreover, VNIndex continued to close below most major moving averages, implying that the short-term downtrend remains dominant. Hence,...
15
November
Market commentary: Confirmation of the downtrend
The index continues to signal a negative downtrend with a sharp decline, forming a new low below the Sep 2024 level. This implies that downside risks remain. Therefore, investors should...