Thursday, May 15, 2014

Philippine Stock Exchange Index (PSEi) Update -May 14, 2014

Technical View
Daily Chart
> It seems that PSEi found resistance at Median Line of Andrew's Pitchfork (Blue Dotted Line).
> The Median Line of Andrew's Pitchfork (Red Line) is supporting the downside. Further support is seen at 6830 and Lower Median Line of Andrew's Pitchfork (Blue Dotted Line).

Relative Strenght Index (RSI) - Based on 30-Day Period
> RSI is currently at 64.
> The Lower Median Line of Andrew's Pitchfork is acting as support. Further support is seen at Hagopian Line/Trigger Line (Yellow Green Dotted Line).



















 #Caveat
Like us on Facebook : www.facebook.com/FibonacciTrader
Disclaimer: Not a solicitation to buy or sell. Use at your own risk. This is for educational purposes only.

No comments:

Post a Comment