News

Release Time: 10:00 AM, May 13, 2025

Issuer: Mr. Leon

MARKET OVERVIEW

1. Stock Market:
   • Vietnam Market: The market continued its upward trend after a period of hesitation around 1,270 points, with improved liquidity – indicating sustained positive cash flow. The breakout above the 1,263 – 1,273 point range suggests the potential for further gains, targeting the 1,300 point level. However, this area is also a strong contention zone, and supply-demand reactions need to be monitored to determine the next trend.
   • US Market: The US stock market yesterday, May 12, 2025, witnessed a strong rally. Major indices all recorded impressive gains. Specifically, the Dow Jones Industrial Average surged by 1160.72 points, or 2.8%, closing at 42,410.10 points. The S&P 500 also saw a significant increase of 184.28 points, or 3.3%, ending the session at 5,844.19 points. Similarly, the tech-heavy Nasdaq Composite jumped by 779.43 points, or 4.35%, reaching 18,708.34 points.
2. Forex:
   • USD/JPY: The dominant trend is bullish, with a short-term downward correction today. Daily resistance area: 148.480
3. Gold:
   • Spot Gold Price: Trading at $3,237 USD/ounce, a sharp decrease of $98 USD compared to the previous day's opening price of $3,325 USD/ounce.
   • Reason for Price Decrease: Global gold prices fell sharply after the US and China reached a Phase 1 trade agreement, reducing the demand for safe-haven assets.
4. Oil:
   • XTI/USD: The dominant trend is bullish, with a short-term downward correction today. Daily resistance area: 62.00
5. Bitcoin: BTC/USD Price: Currently trading around $105,429 USD, up 1.68% over the past 24 hours. Market Sentiment: Bitcoin continues its upward momentum, surpassing the $105,000 USD mark, driven by the recovery of the cryptocurrency market and positive investor sentiment.

TRADING PLAN

1. USD/JPY Trend: Short-term bearish
   • Sell at: 147.920, Stop Loss: 148.320, Take Profit: 147.120
   • 
2. Vietnam Stocks: ACB Trend: Bullish Recommendation: BUY at 24,200 - 24,500 VND, Target 1: 26,000 VND, Target 2: 28,000 VND, Stop Loss: 23,300 VND.
3. 

KEY EVENTS TODAY:

• 13:00 - GBP: Claimant Count change
• 19:30 - USD: - Core CPI m/m - CPI m/m - CPI y/y
• 22:00 - GBP: BOE Gov Bailey Speaks

DISCLAIMER

• The above analysis represents the personal views of analyst Leon from Lotus and should not be considered as a basis for actual market participation.
• Lotus only provides technical trading analysis and trading knowledge training for students.
• Lotus does not represent any securities company or asset management company.
• Lotus does not manage student funds.