MARKET INSIGHTS_14072022

MARKET PULSE

VN-Index closed the trading session forming a “White Closing Mazuboru” trading pattern. Trading volume decreased but remained above the 20-day average.

Key points to note: (i) The resistance level determining the VN-Index trend at this time is 1,190 points. (ii) The market is being led by price increases from many stock sectors capable of creating positive psychological effects such as real estate, industrial park stocks, banking, public investment, oil and gas… Risk rotation is increasing and trading cash flow is more positive,

According to the “Price Action” analysis method for VN30, we have 09 codes giving buy signals, 03 codes giving sell signals, and 18 codes giving sideways signals. VNM gives a negative signal.

According to quantitative statistics, with today’s pattern, in the next trading session, the VN-Index has a 51% probability of increasing and a 61.9% probability of the closing price being higher than the opening price. Statistics show that the index will increase in tomorrow’s trading session. Resistance is at 1,190 points and short-term support is at 1,142 points.

Intraday Stock Support and Resistance (EOD)

Stocks with a surge in trading volume during the day

Stocks to watch tomorrow

Intraday Chart:

• Winners and losers in the global commodity price shock;

US Stock Market: Record high CPI did not cause the index to fall too deeply. However, in the short term, investors’ belief that the FED will raise interest rates by another 1% may affect short-term sentiment. The market may still trade around the 3,731 support area before moving up with positive information such as business results not falling as deeply as expected or the FED raising interest rates less than expected.

Investors can download the full report via the following link:

---