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VCSC Daily - Markets turn red on T+4 selling pressure

Market Commentary

07 Aug 2012

Our view: After Monday’s strong rebound with liquidity surpassing last month’s average daily trading value and the VNI and HNI breaking over the 50-day SMA and 20-day SMA respectively, T+4 selling pressure took its toll and pushed markets from a green opening into red territory in the afternoon session on Tuesday.

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