PSEi - formed island reversal?


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PSEi = 3503.7 ()

PSEi formed another white candle with higher high and higher low. Volume was significantly big, the highest volume since 15 November 2007.

PSEi finally closed the previous gap down.

PSEi might have confirmed the formation of the reversal pattern: island reversal.

PSEi rallying or trending up to test resistance at 3667, a recent high.

Good luck to all traders!
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