Where is the PSEi headed?

Below is the technical analysis from the COLFinancial team, as presented in ther TechSpotlight on January 26, 2017.

For PSE Daily CSV data, please click HERE

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PSEi February 9, 2016

PSEi  6637.41

-  a very BEARISH sign, if you follow the 50ma Bounce Play set up
-  Price is rejected by the 50ma
- RSI, also rejected at level 50

PSEi January 29, 2016 Bear to Bull?

PSEi  6687.62

- after 5 straight days of white candles, the "PSEi leaves bear territory" (http://business.inquirer.net/206301/psei-leaves-bear-territory)
- MACD just crossed over, but still below zero line
- RSI with a lot of room to climb
- index went pass MA 65

PSEi Septermber 14, 2015 Closing the Gap?

PSEi 7069.18

- Will the "gap" close soon?
- Watch out for the supporting indicators - MACD, RSI and STO.
- Next strong resistance will be at 7290 area.

PSE Index August 14, 2015

PSEi 7408points

-  Will the psychological 7400 support hold (bounce at RSI 30), or the bearish "M" pattern prevail?

Index, at a Glance. April 24, 2015

COL setup

50ma Bounce Play

Index, at a Glance March 27, 2015

COL setup

50ma Bounce Play setup

Index, at a Glance March 13, 2015

COL Setup

50ma Bounce Play Setup