Philippine Stock Exchange Index (PSEi) may be making the last corrective WAVE (C) on a 5-3-5 or ZigZag Correction. Wave (B) just completed with Leading Diagonal at 8419.59. Wave (C) which is the last leg of ABC Zigzag correction is unfolded and it seems that the first impulsive Wave 1 has ended and currently making Wave 2. Wave 2 may go up to 8000 levels and after that, it will go down to complete Wave (C). Wave (C) is forecasted to end at 6271. The time period to complete Wave (C) maybe around 2nd Quarter of 2020.
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