FINALLY #PSEI ABOVE WATERS!

With #PH #Holdings taking the lead over #Industries & #Financial Sectors

YTD PSEI is above 15% vs. YOY slightly above 1.03%; at least its now above waters. Just as the Dec 2016 low -15% had finally recovered with today's closing price on the PSEI at 7888, +39.41 equivalent to a +0.50% change .

 

Comparative Chart V2 - PH Sector Index 

And the PH Holdings Index at 7924, +51.16 equivalent to +0.65% change ending the 6th of July 2017. Followed by Industries with a +42.76 equivalent to +0.39% increase while Financials at 1947, a +9.20 change equivalent to +0.47% gain. Properties did increase at 3647, with a +14.24 and an equal percentage change of +0.39% along side industries sector.

Good numbers for Asian investors as prices have indeed recovered from the slump! Although, retail traders & investors may still have some weary doubts of the initial run especially coming from the PSEI's decline to as low as 7734 at the end of June. However we did stated from our recent market view analysis that the first two (2) weeks at the opening of the 3rd quarter of 2017, starting July would see more market activity that would result into record levels.

For as long as the gradual pace can be sustained moving forward with momentum and prices builds up; then the direction of this rally would be far more interesting to witness.

Aftermath of #USD #Price_Correction; A Continuation Follows Major #Trend_Direction

Market participants got what they were waiting to hear from President Donald Trump speech which have fueled a positive price reaction for the USD. The DXY have been waiting for some incentives to push further its price recovery after the recent decline. And is currently above the 101.85 initial resistance levels.

DXY Overlay SP500

With the FED's policy-makers positive statements, the probability of a March rate hike have increased & well around the 80% range prividing a lift for the USD in the early US session. With this came the relative weakness of the European majors that reflected a decline for the EURO @1.0525 and the GBPUSD below the 1.2300 leaving enough room lower after the recent recovery from the USD decline. This price turn around have been likewise anticipated as the USD index would benefit more from the odds of a rate hike and an affirmative tone coming from President Trump's speech.

Aftermath of #USD #Price_Correction; A Continuation Follows Major #Trend_Direction

Comparative Analysis & Insight #USD Index #USDJPY

Sequence Analysis Supporting MegaTrade101 Market Call on USD/JPY dated April 11, 2016
The Price Action and Market Behavior seen from the USD decline towards the 93.62 (4.11.16) basis point was a similar movement and market behavior compared with the EURO. This was when the ECB announced a triple rate cut which saw the EURUSD moved lower @1.0820 and recovered with a strong pullback from the low while still currently @1.1218 on the way lower.

The similar move for the USDJPY registered a low @107.63/65 twice marked on their daily session. And the subsequent turn-around as the volumes from liquidation (Lower Open Interest on Futures-COT Report) was evidenced with the price reaction. This strategy was a sequence trade from a Short-USDJPY & USD Index cross traded with the correlation of the AUDUSD position trade taken previously.

A close monitoring / following of our market view analysis and written article information before and post market events for the past liner cycle period covering major price action would help viewers be able to follow how MegaTrade101 trading approach are done and executed in certain conditions & during exceptionally volatile market.

Comparative Analysis & Insight USD Index & USDJPY