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Sessions may advance, taking its lead from Wall Street’s overnight incline Friday (DJIA +1.17%, Nasdaq Comp. +1.97%).

This week would be interesting to watch as the index has been forming doji candles for two days now which could mean either a consolidation or a big downside if price cannot still go above the MA 260.

Select sectors might be in focus, specifically leisure/gaming bets, given BLOOM’s earnings results.

Expect volatility to prevail, ahead of the release of February’s inflation data.

Caution would likely be thrown anew, given yesterday’s MOC-sell-off (especially for holdings & property).

Attention would be on possible recovery for local gauges, as sentiment trails Wall Street’s overnight ascent, plus possible consideration for

As the market closed on Thursday due to a holiday announcement, the PSEI ended on a bearish run this week as it goes towards the middle of 6600 levels.

The PSEi closed below the 6,700 level, forming a lower low.

Volatility may prevail, as the market balances expectations for tightened monetary policies versus recovery prospects.