Pse Index Chart Analysis - Buzz Talk & News

Figure 1: PSE Index Chart For this coming week, I decided to update my channel line and used a raff regression channel to be able to draw the best channel lines that can clearly show the direction of our index. Base on the current chart, I am expe... more

Figure 1: PSE Index Chart Last week the index did very well and was able to negate the bearish AB=CD pattern. I am expecting the index early this week to consolidate/correct from being short term overbought. Major support to watch are the 5220 and... more

Figure 1: PSE Index Chart I am expecting the index to continue consolidating early in the week. Hopefully the support around 5120-5150 will hold. The bearish AB=CD pattern is still there until the 5267 is broken. Positive thing, momentum is strong... more

Figure 1: PSE Index Chart   For this week, I am expecting the index to continue consolidating/correcting. It is now short term overbought and is forming a bearish AB=CD pattern. Good thing is it was able to break its previous resistance and e... more

Figure 1: PSE Index Chart After the double top pattern has failed last week, the index now seems to be consolidating on what seems to be a rectangular box pattern. It needs to break the resistance lines around 5115 to 5150. Its critical for the index... more

Figure 1: PSE Index Chart The index is somewhat forming right now a possible double top pattern that once confirmed will have a possible TP around the 50 MA or to the 4917 area. Keep what on the major support line around 5030, once broken will confir... more

Figure 1: PSE Index Chart I am expecting the index to retest and try to break the resistance around 4145 this week. This is a critical resistance that the index needs to break in order to proceed higher. If the index can't break this level then we ma... more

Figure 1: PSE Index Chart The index was able to exceptionally performed very well last week and it was also able to finally negate the bearish divergence that we had seen. Momentum has somewhat accelerated upward also. For the coming week I am expect... more

Figure 1: PSE Index Chart There is something in the market which I don't like right now. Last Thursday and Friday market action lacks some upward strength. Even though our index is neither at overbought or oversold area right now, the mere sight of t... more

Figure 1: PSE Index Chart Last week the index filled the previous gap and  then later on continued to move up. I am expecting the index to continue moving up and consolidate or correct later in the week. God bless our trades. more

Figure 1: PSE Index Chart  Last Fridays closing shifted the upward momentum of our index to neutral. But as long as the RSI trendline is not broken and the target of the pennant is not hit i am expecting the index to continue moving up. The inde... more

Figure 1: PSE Index Chart Sorry guys, I was not able to update my blog over the weekend. I was busy on some family related activity. Anyway, for this week I am expecting the index to hit 5000. Personal short term TP is at 5042. Index also looks... more

 Figure 1: PSE Index Chart Last week the index consolidated above its minor resistance line and is presently forming what looks like to be a pennant. Approximate possible target of the pennant is the upper line of the channel. Despite the consol... more

Figure 1: PSE index chart Last Friday's closing made our index formed a bearish divergence. Good thing is  momentum has somewhat recovered as is now still accelerating upward. I am expecting our index to continue moving upward and negate that be... more

Figure 1: PSE Index Chart Early last week the index had shown some weakness. A bearish divergence occurred. Luckily the index was able to find some support right at the 20 moving average line last Friday. It is now at the oversold area and is present... more