Tuesday, December 9, 2014

PHISIX/Philippine Stock Exchange Index (09 dec 2014)


phisix chart as of 09 dec 2014 
(click on the chart to enlarge)

remarks: 

1. the macd histogram is lower (hist < 0) ...

2. the sts is lower (20 < sts < 80) ...

3. the index closed lower for the 3rd day ... down 0.65% to 7183.87 ... possibly follow-up selling after the sts gave a sell signal thursday last week followed by a sell signal by the macd last friday ...

4. it bounced from the 7176 support ... next support is 7100 (psych support)  then 7066 ...


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