Figure 1: PSE Index Chart
Last week the index continues to move sideways to up. Just like what I have been expecting. But something is bothering me right now. Despite the recent up move last Thursday and Friday, market upward momentum keeps slowing down. There is no strength to its current move. Unless there is some improvement or catalyst on current market, we may be able to see our index continue to move sideways within the week. Best to our trades.
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