PSEi - huge volume

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PSEi = 3703.66 (0.3%)

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PSEi formed small white candle with higher low and lower high and with huge volume (2.15B).

Can this small white candle with big volume be a sign of reversal and the return of the bulls for PSEi? This coming week we shall find out.

32MA also serving as a resistance

Support: 3682
Resistance: 32MA, 3740-3769 (gap down)

Note: Philippine Interest rates will again be discussed this coming week (November 15, if I'm not mistaken); look for speculation and confirmation about the decision regarding interest rates as this news will probably be factored once again in the local market (most likely before the disclosure of the decision)

Good luck to all traders!
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