Technical Insider

Daily notes PSEi registered a green day today :) Which might be a reaction to a possible oversold level yesterday (RSI = 30.367) PSEi likely to cross the MA130 (2896) this week... The bears are definitely in control... WEB trying to find support... hopefully it found it at yesterday's low of 15.75, since it registered a higher low today of 16... PNX higher low today at 6.9 :) there might really be a support level at 6.6 :) I doubt it if PNX can break the resistance at 7.1 this week... Good luck to everyone :)

Daily Notes Top Losers: BDO, lower low, currently at overbought levels (RSI = 85.7, highest for the past year) JGS RCB MWC, most active list ALI, most active list Stock Watch AT higher high, resistance at MA130 (4.9), intraday 4.45 (highest in the past 3mos.)