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Sunday, 29 June 2014

Philippines PSEi and Philippines Peso Concurrent Analysis: 29 June 2014, Sunday, 1.00pm Singapore Time

Philippines PSEi Index: 29 June 2014, Sunday, 1.00pm Singapore Time
Chart courtesy of StockCharts.com

Technical Analysis of Philippines PSE Composite Index PSEi is as per illustrated in Weekly Chart above.
Philippines is a market in a frothing bubble. Only Filippinos are buying and investing when the Big Hands and Smart Money are using 1-2 years to execute a major distribution using rosy outlook as backdrop.


Philippines PSEi Index: 29 June 2014, Sunday, 1.00pm Singapore Time
Chart courtesy of XE.com

Technical Analysis of Philippines Peso  is as per illustrated in PHPUSD Foreign Exchange Chart above.
Philippines Financial Markets may be brewing initial signs of trouble. Be cautious.


Donovan Norfolk Ang Technical Rating:
Bearish
Transition to Long Term Bear Markets
Short/Sell off




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