The Philippine Stock Exchange Index (PSEi) has reached a new all time high before ending the week on a pullback.  The index was able to break through 4800 to create a new high at 4822.  What followed was probably a case of two steps forward, 1 step back as the PSEi ended the week at [...]

The Philippine Stock Exchange Index (PSEi) is now range trading between 4580 & 4750.  This should be good for us as this could mean that it could settle at these levels first before it climbs to higher levels.
The index is way above the moving averages that we already sense the uptrend in effect even before [...]

The Philippine Stock Exchange Index (PSEi) isn’t finished in making history as we ended the week at a new all time high level of 4747!  Things are definitely getting much better.
The moving averages will soon be in the bullish setup as the index continues rising.  The MACD also continues going higher as the record breaking [...]

The Philippine Stock Exchange Index (PSEi) has achieved a new all time high of 4663!  And then it slumped from there.  We noticed that as the index was rallying to new heights, it backed off at 4591 initially because it hit the resistance of the long term trendline that we drew since March 2009.  This [...]

The Philippine Stock Exchange Index (PSEi) outdid itself this week as it raced to come near the all time high of 4563.  This is definitely a good sign as it already negates the initial bearish pattern we thought was going to take place.
Much like the DJIA, the index has been trading much higher than the [...]

The Philippine Stock Exchange Index (PSEi) is still range trading as it keeps itself afloat.  However, it is not getting any better.
The index has managed to keep itself above the moving averages since November.  However, it is not improving since the PSEi hasn’t been making higher highs.  The MACD is also showing consolidation but the [...]

The Philippine Stock Exchange Index (PSEi) has some good news and some bad news.  First, the good news.  We are now making newer highs for the past quarter.  The bad news is that this still doesn’t make it any better than what we saw before on the bigger picture.  The index still continues to form [...]

The Philippine Stock Exchange Index (PSEi) seemed to have some kind of glitch that caused the index to fall to as low as 3990 but rose again to close at 4304.  Regardless, the index remains to be moving sideways to keep itself above the moving averages that we’re tracking.
The 100-day moving average is serving as [...]

The Philippine Stock Exchange Index (PSEi) has continued staying above the moving averages but hasn’t really made any headway to clue us in on whether the market is going to be bullish or not, at least for the next quarter.
The moving averages continue to show us a confirmation that the index is still moving sideways.  [...]

The Philippine Stock Exchange Index (PSEi) is performing better than expected as it has managed to stay above the moving averages.
Unlike the DJIA where it dropped big and recovered almost immediately most of what it lost, the PSEi has been steady.  We earlier noted that the index was going to range trade for a while [...]