Sunday, October 16, 2016

Philippine Stocks Exchange Index (PSEi) - October 16, 2016

PSEi Monthly Chart
PSEi is being supported by the Tenkan Sen. If this will not hold next support is seen at Kijun Sen at 7110.

Wednesday, October 12, 2016

Sunday, October 9, 2016

Philippine Stocks Exchange Index (PSEi) - October 9, 2016

Let's See if the Trendline will hold or else welcome 7400. 7400 level is also in confluence with 61.8% Fibonacci Retracement Level.

Tuesday, October 4, 2016

Philippine Stocks Exchange Index (PSEi) - October 4, 2016

If PSEi stays above the RSI Trendline and at 7730, this may go to 7880. If 7880 is broken, then they might push it up to 8050.


Alsons Consolidated resources Inc., (ACR) - October 4, 2016

If 1.70 is taken out, they might push this up to 1.90 to 2 area. Cut below 1.55.




Monday, October 3, 2016

British Pound / Philippine Peso (GBPPHP) Potential Bullish Crab - October 3, 2016

If 60 will not hold, GBPPHP might go down up to 51 area for the completion of a Bullish Crab Harmonic Pattern.

Sunday, October 2, 2016

Calata Corporation (CAL) - October 2, 2016

If the bulls breaks 3.30, then they might push this up to 3.60 to 3.90. Cut if goes below 3.10.

Financial Times Stock Exchange 100 Index (FTSE 100 Index) Bearish Bat PRZ Retested - October 2, 2016

The Financial Times Stock Exchange 100 Index (FTSE 100 Index) at London Stock Exchange retested the PRZ of a Bearish Bat at 6934.69.


Deutsche Bank AG NA ON (DBK.DE) - Potential Bullish Butterfly - October 2, 2016

Deutsche Bank AG NA ON (DBK.DE) is seems to be forming a Potential Bullish Butterfly  with PRZ at BC Projection at 7.90 and XD at 2.52.


WTI Crude Oil - Potential Bearish Butterfly - October 2, 2016

It seems that WTI is forming a Potential Bearish Butterfly that aims to be finished at 55. There is also a Symmetrical Triangle Breakout.


Saturday, October 1, 2016

Double Dragon Properties Corp., (DD) - October 1, 2016

If they will break 60, the bull might push this up to 67. If 67 is broken, welcome 72.70  to 76. Cut if goes below 53.50.


Xurpas Inc. (X) - October 1, 2016

If the price manage to hold above 14.50 area and breaks 15.25, they might push this up to 16.30 to 17.20 area. Cut below 14.



All Shares Index - October 1, 2016

If 4500 will not hold, Welcome 4200 - 4100.

DOW Jones Rising Wedge - October 1, 2016 Update 1

As expected DJIA bounced at the 100 MA and Lower Trendline of the Rising Wedge. DJIA also having a hard time in breaking RSI Trendline resistance. (See Previous Article Here http://fibonaccitrader618.blogspot.com/2016/09/dow-jones-rising-wedge-september-25-2016.html)