PRICE AND TURNOVER
Close: 2,760.62
Change: +21.19(+0.77%)
Value: 2,940,728,000
MARKET BREADTH
Net Advancing Issues: 6
Net Up Volume: 1,109,663,870
Net Foreign Buying: -405,382,471
TECHNICAL ANALYSIS
The PSEi continues to look for support * It is moving sideways within the minor downtrend * Expect the index to move in the general direction of the short term trendline * Primary consolidation * Secondary downtrend * Minor downtrend * Support 2500 * Resistance 3050 * Double top on the weekly chart - TP 11800 * Near term trend objective 2500.
Close: 2,760.62
Change: +21.19(+0.77%)
Value: 2,940,728,000
MARKET BREADTH
Net Advancing Issues: 6
Net Up Volume: 1,109,663,870
Net Foreign Buying: -405,382,471
TECHNICAL ANALYSIS
The PSEi continues to look for support * It is moving sideways within the minor downtrend * Expect the index to move in the general direction of the short term trendline * Primary consolidation * Secondary downtrend * Minor downtrend * Support 2500 * Resistance 3050 * Double top on the weekly chart - TP 11800 * Near term trend objective 2500.
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