VN-Index extended its sixth consecutive session of decline. A noteworthy point is that liquidity increased sharply compared to the previous session, but the matched order volume is still 9% lower than the 20-session average. This reflects that supply pressure is somewhat stronger but not alarming.
In general, the VN-Index is in a correction phase since failing to test the resistance zone of 1,925-1,930 points. Notably, this correction phase mainly comes from the absence of cash flow while the selling pressure at all costs of investors is not large.
Market liquidity is only about 70% of the average level, reflecting the caution of cash flow. With VN-Index losing more than 100 points from its historical peak, investors are waiting for an answer to the question of how long the market will decrease?
Currently, the index is retreating very close to the potential support zone at the threshold of 1,800 points. Experts assess that in case demand promptly appears in this support zone in the following sessions, the VN-Index is likely to move to a phase of accumulation and recovery.
SHS Securities Company (SHS) believes that in the short term, VN-Index will continue to be under stronger adjustment pressure when it does not maintain support around 1,850 points, possibly under adjustment pressure to the price range of 1,800 points, corresponding to the highest price range in October 2025 that has surpassed in April 2026.
Meanwhile, VN30 continues to weaken with the nearest resistance around 1,975 points, under adjustment pressure to the support zone of 1,950 points. The short-term trend only improves well when it surpasses the resistance zones with improved liquidity.
Investor sentiment is becoming pessimistic with many short-term positions under loss pressure. This leads to stronger selling pressure in recent sessions.
With the current developments, VN-Index is under adjustment pressure to the price range of 1,750-1,800 points. SHS believes that this is a reasonable price range of the market today with short-term selling pressure to decrease, the market will rebalance. Investors maintain a reasonable proportion. Investment goals are aimed at stocks with good fundamentals, leading in strategic industries, and outstanding growth of the economy.
CSI Securities Company (CTCK) assessed that the declining session on June 2 had high liquidity in the last 6 declining sessions and the spread was quite widespread to many industry groups and did not depend much on the adjustment of a few large-cap stock groups. This signal shows that the correction trend is likely to continue in the coming sessions.
We expect VN-Index to adjust to the support level around 1,760 points, then selling pressure will cool down. Therefore, we continue to maintain a cautious view, limit opening new buy positions, and patiently wait for VN-Index to test the support level," experts from CSI Securities Company gave their opinion.
The recommendation given to investors is that it is not necessary to reduce the proportion at all costs in the context that the index is approaching strong support.New disbursement should be carried out selectively and carefully in case the market shows signs of rebalancing at the support zone.
