Philippine Stock Exchange Index ( PSEI) update 02.02.2018
#PSEi Update: February 2, 2018
Markets closed up at 8,810
Up 0.82%
After the indecision candle, the market closed higher thus triggering an upward reversal. This would go up and try to challenge the resistance at 8,900. Should it go close to 8,900 and fail to break it, it would trigger another take profit signal for quick traders.
Momentum and price oscillators are still denoting a change in direction downward. The support is still pegged at 8,500. Failure to break 8,900 will just push for a drop to 8,500.
Breakout from 8,900 would trigger another shot for the market to go to our next target of 9,300.
@surpassinggoogle is such a generous person and has a very big heart for all of us here. Please support him as a witness by voting him at https://steemit.com/~witnesses and type in "steemgigs" at the first search box.
If you want to give him witness voting decisions on your behalf, visit https://steemit.com/~witnesses again and type in "surpassinggoogle" in the second box as a proxy.
Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do, so throw off the bowlines, sail away from safe harbor, catch the trade winds in your sails. Explore, Dream, Discover.
this very true cryptoindex . . . upvoted & following you . . . thanks
![images (20).jpeg](https://steemitimages.com/DQmVfQ711cJTvx7RajB8bLcBXJwSNNHnGmVbXU5pXohFYqq/images%20(20).jpeg)