Daily Archives: May 24, 2021

On Balance: Daily Notes for May 25, 2021

OUR VIEW Buy on dips as we expect a market rebound this day on its immediate support around 6,150.00. However, aside from the technical rebound, we see no further catalyst that could move the market up. Moreover, Moody’s Analytics forecast … Continue reading

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On Balance: Weekly Notes for May 24, 2021

OUR VIEW FOR THE WEEK While still in a downtrend, the local market was seen to be showing signs of fighting. Last week, it had three positive sessions on the back of late-day buying, two of which were in the … Continue reading

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