PSEi looks very weak 12-13-13

PSEi now at 5713 (as of 10:14am). Triple dip is in formation, need to hold around 5600-5700 level. But buyers are nowhere to be found??!?!?!

No one is supporting the index with huge bids. What if sellers came by this afternoon?

Have a gut feeling that we will break down soon to reach 5400( 4.5yr uptrend line)- the very last defense. Ceveat !

Please help support the markets! Nobody wants to see PSEi being classified under Bear Market.