bonner, just an observation. when US STOCK index is down, PSEi definitely got affected too, when its up PSEi remains on the lower side..this happens since monday & tuesday when US stock rebounds...ibig bang sabihin nito tuloy-tuloy pa rin ang consolidation sa local market prompting local traders to be more cautious to make position at this early...what do you think would trigger the buying signal?....tnx
Gap closed and I see pennants, flags, big bars, breakouts, about-to-breakout everywhere. And some blue chips are still cheap at this point. Pero mauuntog pa rin ng medyo matagal si PSEi just below the all time high. Hay, I think I'm in love with technical analysis