Market Outlook Before the 06/10 Session: VN-Index Nears 1,760 Points, Cash Flow Remains Selective
The morning session on 06/10 is expected to open cautiously, as overnight signals still lean negative. Domestic cash flow has not shown any clear improvement, while continued net selling by foreign investors remains a disruptive factor for the upward momentum. Even so, the technical momentum of VNINDEX and VN30 remains positive following the previous session's gains, so there is a high likelihood the market will test nearby peak levels rather than reverse sharply at the start of the session.
Technical Overview
VNINDEX is currently approaching its short-term resistance zone around 1,760 points. The nearby support zone to watch lies at 1,740–1,745 points; if it holds above this area, the consolidation trend remains valid.
Among regional indices, HNXINDEX stands at 269.62 points, up 1.1%, while UPCOMINDEX reached 125.49 points but fell 0.3%. This divergence suggests market breadth has not yet reached genuine consensus, although several individual stocks continue to maintain fairly strong momentum.
Notable Stock Groups
On HOSE, several notable gainers include TLH, up 7.0%, LPB, up 7.0%, and DAH, up 6.9%. On the other side, HSL fell 6.9%, VDP fell 6.9%, and KOS fell 6.8%.
| Ticker | Performance | Notes |
|---|---|---|
| TLH | +7.0% | Strong gainers |
| LPB | +7.0% | Strong gainers |
| DAH | +6.9% | Strong gainers |
| HSL | -6.9% | Strong decliners |
| VDP | -6.9% | Strong decliners |
| KOS | -6.8% | Strong decliners |
Liquidity and Cash Flow Signals
Liquidity on HOSE is concentrated in several large and mid-cap stocks. Leading the list is HPG with 32.0M units, followed by SHB with 29.6M and NVL with 27.1M.
Notably, cash flow is favoring stocks with solid price bases and aligned technical signals rather than spreading broadly across the market. This typically results in slower but more sustainable upward moves, while also creating a clear divide between strong and weakening groups.
Noteworthy Technical Signals
In the technical signal list, CMF has a composite score of 85.4, TVN scores 82.4, and VLB stands at 78.2. These stocks are maintaining relatively good momentum based on the data provided.
More notable signal groups include tickers and sectors that maintain rising MACD readings and prices trading close to resistance, such as logistics, seaports, materials, and some mid-cap stocks. Conversely, stocks already in overbought territory, such as DXP and VEA, may experience sharper volatility.
HNX and UPCOM: Divergent Performance
HNXINDEX rose to 269.62 points, while UPCOMINDEX fell to 125.49 points. On HNX, notable gainers include NVB, up 10.0%, and CAR, up 9.8%; on the downside, HMH and PJC both fell 10.0%.
On UPCOM, IME rose 39.1% and PTG rose 37.5%, while FTI fell 32.4% and LEC fell 14.9%. The large price swings in this group indicate that the degree of divergence and volatility risk remain high.
Pre-Session Outlook
The most likely scenario for the morning session is sideways trading around the reference level, with a slight upward bias. If buying demand does not improve, upward momentum may slow as the index approaches the 1,760-point resistance; conversely, if liquidity recovers early, VNINDEX has a chance to widen its range to 1,760–1,770 points.
Investors should monitor the market's reaction at the 1,740–1,745 point zone and the extent to which cash flow spreads into stocks with solid price bases. This will be the decisive factor for price action early in the session.
The data is analytical and informational only; it is not investment advice.