28/07/2026
👀PSEi has established a higher-low bounce and recently formed a Golden Cross—a constructive technical signal. However, for the recovery to gain credibility, the RSI needs to remain above the 50 level.
That said, this technical rebound remains fragile.
Macro headwinds continue to cloud investor sentiment, including:
• Elevated crude oil prices
• Rising inflationary pressures
• The ongoing US-Iran conflict
• Persistent government corruption issues
While the charts are showing signs of improvement, the broader market environment remains challenging. Stay disciplined and manage risk accordingly. 📈