Friday, August 29, 2014

PHISIX/Philippine Stock Exchange Index (29 aug 2014)


phisix chart as of 29 aug 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram is lower

2. the sts crossed the 80-horizontal; the sts is lower

3. support: 7000

4. after days of going up ... the index has been on the decline the past 2 days .... settling @7050.89 today ...

5. except for a tiny entry position in dnl ... all i did this week was clean my portfolio ... selling a bit here and there to raise some cash ....



click here for my trading rules



p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose