BSC_Daily report 08.01.2015_Market may continually tensions in next few sessions_VINATEX Update

The market movement today became quite pulling, reflected by the doji candles on the technical chart of both indices, along with the contract in trading volume by 20-30%. It could be seen that the selling pressure was not too strong, but the buyer was in no hurry and only accepted low price around and below the references. We believe that the “pulling movement " likely to extend for some more days before the appearance of new information which can help the market trend becomes clearer.

Recommendation

Investors should consider keeping the cash/ stocks rate at medium level and wait for more market signals and information in the next sessions.