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Local equities might take its cue from Wall Street’s ascent, mainly on improved retail sales growth for January.

Peeking at the indicators, the RSI is pointing downwards, while the MACD sustained its

Investors would be on the lookout if supply pressure would prevail, ahead of local monetary authorities’ policy meeting this week.

Should the stocks rally in the following trading days, this could be a good time to

The market pulled back anew but has managed to stay above 6,800.

Positive tone may prevail, on investments outcome from PBBM’s state visit in Japan.

Based on its price action, the PSEI could easily visit the 6,700 level again amid the lack of buying pressure.

Another volatile session might prevail, as market participants monitor the main gauge’s move back to the 7,000 mark.