PRICE AND TURNOVER
Close: 2,389.52
Change: -4.10(-0.17%)
Value: 2,007,356,000
MARKET BREADTH
Net Advancing Issues: -1
Net Up Volume: 152,302,560
Net Foreign Buying: -185,395,213
TRENDS
* UNDEFINED PRIMARY TREND | Declining wave | Prior support 2034 | Prior resistance 3896
* INTERMEDIATE DOWNTREND | Directional wave | Prior support 2289 | Prior resistance 2903
* SHORT TERM DOWNTREND | Directional wave| Prior support 2289 | Prior resistance 2507
CHART WATCH
The intermediate and minor trends of the PSEi has found support at 2289. Both timeframes are trending down so for now we assume that this new support level will be broken in the near term. SELL.
Close: 2,389.52
Change: -4.10(-0.17%)
Value: 2,007,356,000
MARKET BREADTH
Net Advancing Issues: -1
Net Up Volume: 152,302,560
Net Foreign Buying: -185,395,213
TRENDS
* UNDEFINED PRIMARY TREND | Declining wave | Prior support 2034 | Prior resistance 3896
* INTERMEDIATE DOWNTREND | Directional wave | Prior support 2289 | Prior resistance 2903
* SHORT TERM DOWNTREND | Directional wave| Prior support 2289 | Prior resistance 2507
CHART WATCH
The intermediate and minor trends of the PSEi has found support at 2289. Both timeframes are trending down so for now we assume that this new support level will be broken in the near term. SELL.
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