Sunday, November 7, 2010

PSE Index Chart Analysis for the Week (Nov. 7 to 13, 2010)

Figure 1: PSE Index Chart

I love the overall behavior of our market. Last week our market suddenly recovered and starts to build up its upward momentum again. But prior to continuing upward I am seeing a possible short term correction which is indicated by the last four candlestick patterns forming a bearish breakway pattern. I am expecting a huge market move by around middle of the week. (caveat)
Posted by at
Labels:

2 comments:

  1. AnonymousNovember 8, 2010 at 12:18 AM

    Boss EPG, what's the big move that you are anticipating< upward or downward?

    ReplyDelete
  2. epgariasNovember 11, 2010 at 8:04 AM

    I am expecting a shift of momentum today towards upward direction. (caveat)

    ReplyDelete

Subscribe to: Post Comments (Atom)