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Buying might be seen, as fund managers seize on yesterday’s drop to position in key stocks.

Volatile sessions may continue, as participants weigh-in expectation from the Fed’s meeting this week, on top of month-end portfolio rebalancing.

It continues to post higher lows overall, cementing its upward trend channel and boosting hopes for a positive mid-term outlook.

While the PSEi broke its five-week winning streak, the recent pullbacks remain to be shallow, further signaling that the bulls are in control.

Expect volatility to continue, with the month-end portfolio closing & prelude to the Fed’s policy meeting this week.