Monday, November 19, 2012

PSE Index Chart Analysis for the Week(November 18 to 24, 2012)

Figure 1: PSE Index Chart

I'm issuing a corrective warning for our local index for now because support areas have been breach. As of now no clear signs yet as to where market will go. There maybe some technical rebound this week to ease out near oversold condition. But overall market is moving sideways and overall momentum is at neutral area.

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