Daily Chart
>Looks like the Financial Index is forming a Potential Bearish Three Drives Harmonic Pattern.
>Just like the PSEi it seems that the Financial Index is also following the Andrew's Pitchfork. Please be guided with the Andrew's Pitchfork they will act as support and resistance.
>Support is at Median Line of Andrew's Pitchfork (Bright Green) and Resistance at Upper Median Line of Andrew's Pitchfork (Blue).
>RSI is currently at 59.43.
Check my previous analysis here.
#Caveat
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Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.
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