Friday, April 24, 2020

CHART: PSEI (24 APR 2020)



24 APR 2020
psei closed lower to 5464.98 ...
the macd histogram is inching to the 0 - line but not quite yet ...
duterte has extended the ecq to 15 may ...
it seems it will be another 3 weeks of sideways trading?


22 APR 2020
the psei closed lower to 5592.25 ...
the macd histogram is still above the 0 - line ... but is slowly going down since 15 April ...
im waiting for duterte's next covid announcement on the status of the ecq ... this could be a signal on whether the pse will continue to fall or reverse ...