As we look at the short term trend of PSEi from October 2008, it has been in a downtrend channel. Support is establish and today's index has bounce from it. Index has to break the 3670 level to get out from the downtrend channel.
Long Term Bullish Trend from 2003 is still intact though. Support level is at 2370. 
Trade cautiously folks!
Tuesday, January 8, 2008
PSEi Review - First in 2008
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