[Market news 29/09/2023] FINALLY, IS IT A SELL-OFF OR A RESTING POINT?
![[Market news 29/09/2023] FINALLY, IS IT A SELL-OFF OR A RESTING POINT? 1](/Content/Upload/images/(3)%20500x320_Zalo%20Cover%20OA%20_LIte_29092023.png)
– VN-Index closed the trading session forming a “Small Black Candle” trading pattern. Trading volume decreased and was below the 20-day average. In the current phase of seeking equilibrium, decreasing volume is not an overly negative point.
– Note: If the market opens with a price GAP, a short-term uptrend wave could be established, sufficient for a T+2.5 cycle with a target price zone of 1210 (MA(50) Resistance).
– Index forecast for 29/09/2023: Statistics show the index increased.
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SOURCE: AAS RESEARCH
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