Sunday, October 21, 2012

PSE Index Chart Analysis for the Week(October 21 to 27, 2012)

Figure 1: PSE Index Chart

I am expecting some kind of knee jerk reaction by our market tomorrow due to the -205.20 drop of the DJI. But overall I am expecting the market to recover and continue moving upward within the week. My indicator is telling me that there is still some room for an upward move. Momentum also is still strongly bias upward.


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