[MARKET NEWS 31/03/2025] INVESTOR SENTIMENT IS GRADUALLY TURNING SHORT-TERM BEARISH
Some important notes:
– Net selling value after several peak sessions is decreasing to an average of 300 billion/session. Since the beginning of the year, foreign investors have net sold approximately 1 billion USD and continue to maintain their very strong net selling momentum.
– The index is still hesitant around the 1,350-point resistance level and seems to be forming a double-top pattern at the 1,350-point mark.
– The banking group has lacked high-price demand, and this could lead to strong selling pressure, pushing the index lower.
– A few bright signals in the public investment group like VCG, DPG… textiles like MSH, or good trading in highly speculative groups like GEX, VND, VIX, however, are not enough to offset the weakness of the banking group.
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