{"id":323498,"date":"2023-06-05T05:06:00","date_gmt":"2023-06-04T21:06:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=323498"},"modified":"2023-06-05T09:06:07","modified_gmt":"2023-06-05T01:06:07","slug":"pse-market-outlook-5-jun-2023-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/pse-market-outlook-5-jun-2023-by-regina-capital-development-corp\/","title":{"rendered":"PSE Market Outlook (5 Jun 2023) by Regina Capital Development Corp."},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"397\" src=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/06\/Screen-Shot-2023-06-05-at-9.04.21-AM-1024x397.png\" alt=\"\" class=\"wp-image-323499\" srcset=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/06\/Screen-Shot-2023-06-05-at-9.04.21-AM-1024x397.png 1024w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/06\/Screen-Shot-2023-06-05-at-9.04.21-AM-768x298.png 768w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/06\/Screen-Shot-2023-06-05-at-9.04.21-AM-1536x595.png 1536w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2023\/06\/Screen-Shot-2023-06-05-at-9.04.21-AM-2048x794.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Today&#8217;s PSEi Outlook<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Outlook on<\/strong><\/td><td>Philippine Stock Exchange index (PSEi)<\/td><\/tr><tr><td><strong>Broker<\/strong><\/td><td>Regina Capital Development Corp.<\/td><\/tr><tr><td><strong>Opinion Issued on<\/strong><\/td><td>5 Jun 2023<\/td><\/tr><tr><td><strong>PSEi Support<\/strong><\/td><td>6,500<\/td><\/tr><tr><td><strong>PSEi Resistance<\/strong><\/td><td>6,600<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The index closed slightly higher at 6,520.44 settling near 6,500. <\/p>\n\n\n\n<p>MACD is weakly bullish with selling pressure contracting. RSI is at neutral levels, playing around high 40 levels which is near bullishness. Volatility is ticking down which is a good sign as the index settles at support. <\/p>\n\n\n\n<p>Prices are trying to bounce off with 6,500 acting as the next solid support with indicators pointing to a retest of 6,600 which could hopefully turn to bullishness when the index breaches above 6,555. <\/p>\n\n\n\n<p>Support: 6,500.<\/p>\n\n\n\n<p>Resistance: 6,600.<\/p>\n\n\n\n<p><strong>Technical Indicators<\/strong>: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>MACD<\/strong> &#8211; Histograms showing weak sell signals<\/li>\n\n\n\n<li><strong>DMI<\/strong> &#8211; expanding towards bearishness, cueing more selling pressure<\/li>\n\n\n\n<li><strong>RSI<\/strong> &#8211; Testing back to neutral levels<\/li>\n<\/ul>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Our Partner Broker&#8217;s Recommendation<\/h2>\n\n\n\n<p>Buy when support holds; Sell on rallies.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The index closed slightly higher at 6,520.44 settling near 6,500. <\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-323498","post","type-post","status-publish","format-standard","hentry","category-market-outlook","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=323498"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323498\/revisions"}],"predecessor-version":[{"id":323501,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323498\/revisions\/323501"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=323498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=323498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=323498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}