Figure 1: PSE Index Chart
Last week our index was able to find some resistance around 4320. For this week, I am expecting our market to correct/consolidate early in the week possibly towards the 4225 major support before continuing to move up. Overall our index is still moving sideways and is now at the overbought area of my indicator. The RSI however has shown some early bullish signal for it was already able to break its trendline resistance (red line).
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