Release Time: 10:00, March 09, 2026
Publisher: Ms. Jenny

MARKET OVERVIEW

1. Stock Market

Vietnam Market:
The market rebounded and tested the 1,818–1,850 point range, but weakened toward the end of the session as liquidity declined, indicating that buying demand was not strong enough to outweigh selling pressure. The slight drop below the 1,818 support level — where MA(20) and MA(50) converge — is signaling a short-term imbalance in the market. If supporting capital inflows do not improve soon, the risk of a broader corrective phase may increase.

U.S. Market:
In the March 6 session, Wall Street declined sharply as surging oil prices and disappointing employment data raised concerns about a potential resurgence of inflation. The S&P 500 fell about 1.3% to ~6,740 points, the Dow Jones lost around 0.95% to ~47,501 points, and the Nasdaq Composite dropped about 1.6% to ~22,387 points. Selling pressure spread across the market as investors adopted a more defensive stance amid geopolitical risks and expectations of a more cautious monetary policy outlook from the Fed.

2. Forex

EUR/USD:
The chart clearly reflects the dominance of the U.S. dollar today. The pair is plunging sharply within a steep downward channel, currently trading around 1.15272.

USD/JPY:
In contrast to EUR/USD and gold, USD/JPY is showing an extremely strong uptrend. The price has decisively broken out above the nearest resistance level with strong bullish candles, climbing to 158.713.

3. Gold

Gold is currently in a clear downtrend on the M30 timeframe. The moving averages (MA) have widened downward, indicating strong bearish momentum. Price has repeatedly broken short-term support levels and recently plunged to around $5,093, forming lower highs and lower lows, confirming the bearish structure.

4. Oil

The oil chart is showing signs of a short squeeze panic among bearish traders. From a consolidation base around 88.00, price gapped higher and surged vertically toward the 110.00 level. This extreme parabolic breakout is often associated with unexpected macroeconomic news related to geopolitical tensions or supply disruptions.

5. Crypto: BTC

Bitcoin has completely lost its consolidation structure. Price decisively broke below the purple box support zone (previously around $68k) and fell sharply to around $66,819, confirming a bearish reversal structure.

TRADING PLAN

1. Vietnam Stock: VIP

Recommendation: WAIT TO BUY VIP (March 09, 2026)
Entry price: 12,000 – 12,500 VND
Target 1: 14,000 VND
Target 2: 15,000 VND
Stop loss: 11,500 VND

2. BTC/USD

Sell Limit: 67,692
Stop Loss: 70,181
Take Profit: 62,705

TODAY'S KEY EVENTS

08:30 – CNY – Consumer Price Index (CPI y/y)
08:30 – CNY – Producer Price Index (PPI y/y)

DISCLAIMER

• The above analysis represents the personal view of analyst Jenny from Lotus and should not be considered as a basis for actual market participation.

• Lotus only provides technical trading analysis and trading education for students.

• Lotus does not represent any securities firm or asset management company.

• Lotus does not manage client funds.