Wednesday, November 28, 2007
PSEi - black candle
PSEi = 3537 (
PSEi formed a black candle with higher high and higher low.
130 and 65 MAs still resisting bullishness of PSEi.
PSEi seems to have formed an island reversal, which has been confirmed by the formation of higher lows and higher highs following the formation of the island
PSEi formed a black candle eventhough US markets were bullish (behind the news of infusion of cash to Citibank).
Support: 3505-3496 (previous gap up)
Good luck to all traders!
11/28/2007 09:03:00 PM
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