PSEi - poised to closed previous gap down


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PSEi = 3494.44 (0.4%)

PSEi formed a white candle with higher low and higher high to test the resistance presented by the previous gap down.

PSEi volume low. Might be due to absence of guidance from US markets due to thanksgiving holiday.

65MA looking to cross above 130MA. Bullish

Resistance: 3496-3505 (previous gap down)
Support: 3456 (recent low)

Good luck to all traders!

Note: US markets went up last Black Friday. PSEi might be able to move higher due to this event.
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