Monthly Archives: May 2022

On Balance: Daily Notes for May 04, 2022

Posted on May 4, 2022 by research

OUR VIEW Trade cautiously as the market declines near the 6,600 support level. If we are going to base it on the body of the candle, the PSEi has made lower low and lower high recently, implying a more bearish … Continue reading →

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On Balance: Weekly Notes for May 02, 2022

Posted on May 2, 2022 by research

OUR VIEW This week, the local market is still seen to have a downward bias as it continues to contend with a lot of headwinds both onshore and offshore. At the local front, concerns over rising inflation and consequently, the … Continue reading →

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