Tuesday, November 29, 2016
Philippine Stocks Exchange Index (PSEi) - November 29, 2016
The Philippine Stocks Exchange Index (PSEi) failed to break the 61.8% retracement level resistance (@6861). We might see the PSEi at 6200 to 6300 level for completion of the Bearish Bat and to fill the gap. If the Bullish Bat will not be respected the Index might go down to 5800 level for the completion of a Bullish Alt Bat.
Friday, November 25, 2016
USD/PHP Potential Bearish Crab - Novemver 25, 2016
The Philippine Peso remains weak and did not respect the Potential Reversal Zone of of a Bearish Bat (Check Here for the post http://fibonaccitrader618.blogspot.com/2016/09/usdphp-potential-bearish-bat-september.html).
We might see the USD/PHP at 56 level to complete the Potential Bearish Crab.
Sunday, November 20, 2016
All Shares Index Bullish 5-0 - November 20, 2016
The All Shares Index respected the PRZ of a Bullish 5-0. Resistance is seen at 4350.
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