VNIndex Bottom 10 years
Updated
VNIndex is getting close to the 10-year trend's bottom.
Due to the situation of force-selling pressure of many companies whose securities & bonds can't be distributed & sold. The bottom could hit hard like the black swan covid 2020
820 is the bottom of TA. 750 is the bottom of the macro situation analysis.
Due to the situation of force-selling pressure of many companies whose securities & bonds can't be distributed & sold. The bottom could hit hard like the black swan covid 2020
820 is the bottom of TA. 750 is the bottom of the macro situation analysis.
Comment
VNIndex is forming a new W bottom once the value decreases to 870 again. Don't buy too soon, buy at around 880-870 when it's down again this month. The chart and position resemble the covid bottom, once solidify, a very good uptrend will happen!
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