Week Chart
> Looks like PSEi is forming a Possible Bearish Deep Crab Harmonic Pattern with Potential Reversal Zone (PRZ) at 7506.
> It seems also that the price already breaks the neckline of Inverse Head and Shoulder. The target of the Head and Shoulder is in confluence with the PRZ of Bearish Deep Crab and Upper Median Line of Andrew's Pitchfork.
> PSEi must break first the 6800 and 7000 level to continue with the Possible Bearish Deep Crab.
The index might correct if it fails to break the resistance.
> RSI is currently at 57.10 (Based on 30-Day Period). Resistance at 59.
#Caveat
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