Daily Chart
> PSEi respected the Bearish Shark Harmonic Pattern that we identified Here.The market continued to tumble today as the PSEi closed at 6,604.35 registering a -80.75 pt. or -1.21% decline.
> Found resistance near the 200% BC projection of Bearish Shark Harmonic Pattern.
> It seems that the 20MA(6,600) is supporting the downside. Further support is noted at Lower Median Line of Andrew' Pitchfork and 88.6% (6,542) Fibonacci retracement level.
> RSI is currently at 56.45 (Based on 30-Day Period. Support is at 50.
#Caveat
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