17 August 2011

28-28.

The PSEi declined 32.43 points, to close at 4,340.27. Just remember the recent high-low and watch where it goes:

  • PSEi close > 4,550.53 = Bullish
  • PSEi close < 4,157.03 = Bearish
  • PSEi close between 4,550.53 to 4,157.03 = Sideways / Neutral
The movement will tell you the trend and the basic trading stance to follow. These are interesting times, watching from the trading sidelines.

Tails.
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2 Responses to 17 August 2011

  1. noob says:

    i dont like hearsays but i heard some saying “the end is near”. hmm…

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