Is the Philippine stock market going to crash?

[istoryamember]

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dugay na jud. nawala na gali iyang iya website

[polunio]

PSEi closed yesterday at 7,227.37 down for straight two weeks now. I made line on RSI level of 50 to make it simple. If you will observe, when the RSI is at the level of below 50, price are dropping or if not, just going sideways. But, when the RSI is at above 50, price continue to going up.

Sometimes RSI touches at the level 50 and bounce back and price continue to go higher. This is for both daily and weekly chart.

Also if you will notice on weekly chart, MACD is on bearish mode and want to cross below the zero. We have additional indicator that price will continue to drop if that will continue to happen.

In conclusion, if RSI on weekly and daily chart will continue to play below 50, PSEi is still in downtrend or maybe just sideways.

[noboss]

PSEi closed yesterday at 7,227.37 down for straight two weeks now. I made line on RSI level of 50 to make it simple. If you will observe, when the RSI is at the level of below 50, price are dropping or if not, just going sideways. But, when the RSI is at above 50, price continue to going up.

Sometimes RSI touches at the level 50 and bounce back and price continue to go higher. This is for both daily and weekly chart.

Also if you will notice on weekly chart, MACD is on bearish mode and want to cross below the zero. We have additional indicator that price will continue to drop if that will continue to happen.

In conclusion, if RSI on weekly and daily chart will continue to play below 50, PSEi is still in downtrend or maybe just sideways.

i also think it would be sideways to downtrend. creating lower highs. more on the likes of the early 2015 until near end of that year.
but really looking into it and in terms of making money, looking into the individual stock's performance is what's more important in this type of market. playing the outliers and sticking on those.

[21guns]

PSEi is boring,,bsp should encourage companies to list a stock back by Physical gold, real gold is the safe haven when paper money is in trouble.

[21guns]

PSEi stock now in red tide,,this is the price on its bets to Killary and now Trump is leading I think all the PSEi experts we have surely failed its predictions and are only being fooled by the Malicious rigged media

[jackdi]

PSEi stock now in red tide,,this is the price on its bets to Killary and now Trump is leading I think all the PSEi experts we have surely failed its predictions and are only being fooled by the Malicious rigged media

Para sa mga naa'y cash on standby... good for you!

[spectrespook]

PSEi is boring,,bsp should encourage companies to list a stock back by Physical gold, real gold is the safe haven when paper money is in trouble.

I just remembered Kiyosaki's words "Gold and silver are the only real money in the world, and the rest is just a derivative, paper or an electronic blip on your screen that can be controlled and manipulated at will."

[21guns]

I just remembered Kiyosaki's words "Gold and silver are the only real money in the world, and the rest is just a derivative, paper or an electronic blip on your screen that can be controlled and manipulated at will."

Central bank can print paper money 1T $ and spend only 1M $ that already is a manipulation.
The future next Malinvestment is the Electronic money.

No one can acquire 1T $ worth of Gold without spending the same amount, not unless it was stolen

Talking about stealing there is a legit look a like but still stealing. That is manipulating gold pushing to a low price, while central banks are buying physical gold with their paper money.

PSEi = Malinvestment

[noboss]

makita man pod sa trend and price action na it will have a possibility of turning red yesterday since naa resistance and timing pod ang reaction sa market on the trump win. whole outlook pod sa PSEI for now is downtrending. basta stick lang sa outliers and those na strong and are not usually affected big by the ups and downs of the market. usually index stocks man gud kay affected gid na as it reflects the movement of the whole PSE index.

[snake_eye]

question, I bought some stocks kanina.. but ang final status is CANCELLED...
why is that? Coz' after a few minutes the stock market closed.

I really need guidance on this. Hope I can join a group who can share their experiences and knowledge to a newbie like me.