MARKET INSIGHTS_12052022

MARKET PULSE The VN-Index closed the trading session forming a "Bearish Evening DojiStar" trading pattern. Trading volume increased and was below the 20-day average. Price decrease with increased volume is a negative pattern because sellers are still dominating the market and buyers are only buying at low prices. Key points to note: (i) Today we have a double bottom pattern with positive divergence, signaling a reversal. Today's session is forming a Failure Swing pattern, also signaling a reversal. Therefore, fundamentally, we still see this as a common market pattern. (ii) RSI(14) decreased back to the oversold region. (iii) Actual selling pressure is not too strong, as the remaining sell orders are mostly only a few hundred thousand shares. This is also a positive point because the demand to sell at any price has decreased compared to previous declining trading sessions. (iv) After today's decline, the number of stocks forming positive divergence has become the majority on the exchange (more than the previous trading session). We observe that stocks with this pattern experienced a much smaller price decrease in today's session compared to stocks that have not yet formed this pattern. According to quantitative statistics, with today's pattern, in the next trading session, the VN-Index has an 85% probability of increasing and a 33.33% probability of the closing price being higher than the opening price. Statistics show that the market will increase tomorrow. Support is the 1,180 point region. Intraday Stock Support and Resistance (EOD) Stocks with sudden trading volume spikes today List of stocks of interest for tomorrow Intraday chart: * Will the FED return to QE soon?; * Volume of goods cleared through seaports and Vietnam's Q1/2022 import-export turnover; US Stock Market: Many signs indicate that inflation has peaked and the FED will only consider raising interest rates further in the next 2 months (in July). The FED also committed not to repeat the lessons of the 70s, although it cannot yet be certain about the possibility of success. We observe that commodities are showing signs of decline, and when inflation stabilizes, investors will see better growth prospects for the market. Of course, in the short term, there is still a gap from the current price to the stronger support area, and therefore, the strength or weakness of volatility will depend on the speed of the fall to the strong support point. Investors can download the full report via the following link: