Price & Strategy Update as of May 05, 2017 from April 25, 2017
PSEI Update: As of 5.05.17 PSEI marks a high at 7908 while closing with a corrective move at 7841.Buy-side Investors on the IShares MSCI EPHE - ETF recently closed at 37.11. With a comparative analysis of the charts below would enjoy a continuing price rally as an extension of an arbitrage strategy in place that would capture the PH rally on both sides of the continental market.
A Continuing Sequence of Market Strategy Two (2) weeks in the making
The Ability to Trade in an extended US market
PSEI Update: As of 5.05.17 PSEI marks a high at 7908 while closing with a corrective move at 7841.Buy-side Investors on the IShares MSCI EPHE - ETF recently closed at 37.11. With a comparative analysis of the charts below would enjoy a continuing price rally as an extension of an arbitrage strategy in place that would capture the PH rally on both sides of the continental market.
A Continuing Sequence of Market Strategy Two (2) weeks in the making
The Ability to Trade in an extended US market
Not all strategies are the same! By taking advantage of the EPHE Equivalent to the PSE - PH market would enable tactical investors & professional traders the valid extension of the rally in both major market.
Knowing how to better understand a 'Market Misdirection' can still be defined as a healthy corrective move on certain times as reflected on the chart. However, there are distinct 'correlation & significant difference between the two. With the corresponding price equivalent of the PSEI price action along side the EPHE. An effective strategy that +megatrade101 applies as the overall trend continues to move higher and still has room for advances as a technically motivated 'W' formation is in the making.
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PSEI ends the trading week at 7661 levels with a high at 7733. The shortened trading week due to the ASEAN Summit and the Labor day have extended the holiday schedule making most traders cashing in on their profitable positions.
ReplyDelete#PSEI Market Breath's: #CORRELATION Through PRICE ACTION Analysis
ReplyDeleteAs a sequence of analysis takes place, the measure of the PH market's breadth, reflects the portion of an index's components from the 3 major sectors contributing to the gauge's overall move. High breadth means there's a high degree of participation, which is a bullish indicator in an up-market.
And considered bearish from the 'misdirection' it gave from the previous market movement of the PSEI as described below. Yet the correlation of its price action compared to the sector and stock price levels have already shown an initial positive breath before the market closed on May 05, 2017 at a significant high for the $PSEI at 7841 corrective price level with volumes and momentum increase as prices moved higher from the breakout period described below dated from the 5th of April 2017
It is now validated that the technical outlook of the EPHE tracking the PSEI has now formed the W formation as described in the analysis since April 25, 2017.
ReplyDeleteA well defined EPHE W formation based on the PSEI Price Action as of Oct 12, 2017
ReplyDeleteLink: Copy & Paste on separate browser
https://s.tradingview.com/x/bRsCebBw/