PSEi - still respecting aggressive supply/resistance line

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PSEi = 3182.85 (-0.90%)

PSEi formed a 3rd black candle with lower low and lower high. Volume decreasing.

PSEi on its way to test possible support at 3176, a previous recent low...

PSEi respecting aggressive resistance line... Bearish...

Durng the previous week 65MA crossed below 130MA... Bearish...

Price below 32MA... bearish; 32MA below 65MA... bearish; 65MA below 130MA; bearish...

PSEi RSI formed an aggressive resistance line...

MACD: fast line above signal line, buy; both below zero line, short (Buy, Short)

Bollinger Bands constricting: decrease in volatility?

Price being supported by Parabolic SAR: still bullish?

Careful traders...
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