Release Time: 10:00, March 18, 2026
Author: Ms. Jenny

MARKET OVERVIEW

1. Stock Market

• Vietnam Market:
  The market attempted to rise and retest the 1,730-point level but faced resistance, leading to a pullback and the formation of a Shooting Star candlestick, indicating cautious buying pressure. The previous Bearish Harami signal continues to exert influence, suggesting that the market may remain volatile and undergo short-term correction. The market likely needs more time to accumulate and rebalance supply–demand before a clearer recovery can occur.

• U.S. Market:
  Wall Street posted modest gains with a cautious tone as investors balanced geopolitical risks and expectations for Fed policy. Specifically, the S&P 500 rose ~0.2% to 6,716 points, the Dow Jones gained ~0.1% to 46,993 points, and the Nasdaq increased ~0.5% to 22,479 points.

2. Forex

• EUR/USD continues to weaken, trading around 1.1500–1.1550 and maintaining a downward channel as the USD remains strong.

• USD/JPY sustains its uptrend above 158, with bullish momentum still dominant, though signs of slowing appear as the pair approaches overbought territory.

3. Gold

Gold remains in a clear downtrend, trading around $5,050–5,100, with a lower high – lower low structure intact. Selling pressure persists amid a strong USD and elevated bond yields.

4. Oil

Oil prices maintain strong momentum around $105–110 but are showing signs of short-term exhaustion after a parabolic rally. The primary trend remains bullish due to supply risks and geopolitical factors.

5. Crypto – BTC

Bitcoin is trading around $66,000–68,000, still below the previous support level, indicating that the downtrend has not ended. Weak capital inflows suggest the market is in a low-level consolidation phase after the breakdown.

TRADING PLAN

1. Vietnam Stocks: PVD

Recommendation: WAIT TO BUY PVD (March 18, 2026)

• Entry: 32,300 – 33,000 VND

• Target 1: 36,000 VND

• Target 2: 39,000 VND

• Stop-loss: 31,300 VND

2. XAU/USD

• Buy XAU/USD

• Entry: 5005

• Stop-loss: 4971

• Take-profit: 5070

KEY EVENTS TODAY

• 19:30 – USD – Core Producer Price Index (Core PPI m/m)

• 19:30 – USD – Producer Price Index (PPI m/m)

DISCLAIMER

• The above analysis reflects the personal opinion of analyst Jenny from Lotus and is not a basis for actual trading decisions.

• Lotus provides technical analysis and trading education only.

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

• Lotus does not manage client funds.