[22/09/2022] MARKET NEWS: 1200 IS GOOD SUPPORT FOR THE INDEX, THE MAIN TREND MAY DEPEND ON THE FED

22/09/2022

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?? Vietnam Stock Market:
??The oil and gas group continued its second consecutive rising session.
??The construction group still traded well.
??VCG led the rally, pulling trailing stocks up strongly.
??HHV and LCG had a better trading day than the overall market.
??PNJ saw good price increases, needs to surpass 115 to confirm an uptrend price pattern.
??The seafood group ANV, VHC traded quite negatively.
??Banks traded negatively and most are in a medium-term downtrend.
??The retail group declined, likely due to the continuous rise of the USD in recent days.

?? US Stock Market: Hesitant signals before FED interest rate hike

?? Some notes:
??The oil and gas and public investment groups should be observed to determine market trends.
??The FED’s interest rate hike on 22/10/2022 will affect investor sentiment in the short term, so the market may trade cautiously with slight increases or decreases.

?? Index forecast for 22/09/2022: Statistics show the index will increase.

?? See details at: 1200 PROVIDES GOOD SUPPORT FOR THE INDEX, THE MAIN TREND MAY DEPEND ON THE FED

#SmartInvest #AAS #stocks #marketpulse
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