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Saturday, February 18, 2017

PSEi February 2017


02.18.17


The Philippine Stock Exchange index is hovering in a narrow band between lower 7100 to higher 7300 for almost 2 months now. This trend will continue in the near and mid term. TnT remain pessimistic as foreign investors continues to exit the market.

If the exodus of foreign funds continues, and with no upbeat news to heighten the market, the index will soon find how strong the 7100 support will hold sooner or later.

The Trend is your friend...
CAVEAT !

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