PRICE AND TURNOVER
Close: 2,597.23
Change: 30.86 1.20%
Value: 2,852,164,000
MARKET BREADTH
Net Advancing Issues: 8
Net Up Volume: 342,474,960
Net Foreign Buying: 505,797,018
TRENDS
* PRIMARY DOWNTREND | Downleg | Prior support 2289 | Prior resistance 3896
* INTERMEDIATE CONSOLIDATION | Prior support 2289 | Prior resistance 2755
* SHORT TERM DOWNTREND | Correction | Prior support 2342 | Prior resistance 2755
CHART WATCH
The primary and the short term trends are declining. In the intermediate timeframe, the PSEi is consolidating and could be setting up for a for a potential rally. If this does happen, it should be initially viewed as a corrective leg of the primary downtrend.
Close: 2,597.23
Change: 30.86 1.20%
Value: 2,852,164,000
MARKET BREADTH
Net Advancing Issues: 8
Net Up Volume: 342,474,960
Net Foreign Buying: 505,797,018
TRENDS
* PRIMARY DOWNTREND | Downleg | Prior support 2289 | Prior resistance 3896
* INTERMEDIATE CONSOLIDATION | Prior support 2289 | Prior resistance 2755
* SHORT TERM DOWNTREND | Correction | Prior support 2342 | Prior resistance 2755
CHART WATCH
The primary and the short term trends are declining. In the intermediate timeframe, the PSEi is consolidating and could be setting up for a for a potential rally. If this does happen, it should be initially viewed as a corrective leg of the primary downtrend.
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