{"id":329388,"date":"2024-09-09T05:06:00","date_gmt":"2024-09-08T21:06:00","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=329388"},"modified":"2024-09-09T09:17:25","modified_gmt":"2024-09-09T01:17:25","slug":"pse-market-outlook-9-sep-2024-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/pse-market-outlook-9-sep-2024-by-regina-capital-development-corp\/","title":{"rendered":"PSE Market Outlook (9 Sep 2024) by Regina Capital Development Corp."},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2462\" height=\"1084\" src=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-09-at-9.16.13\u202fAM.png\" alt=\"\" class=\"wp-image-329389\" srcset=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-09-at-9.16.13\u202fAM.png 2462w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-09-at-9.16.13\u202fAM-1024x451.png 1024w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-09-at-9.16.13\u202fAM-768x338.png 768w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-09-at-9.16.13\u202fAM-1536x676.png 1536w, https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-09-at-9.16.13\u202fAM-2048x902.png 2048w\" sizes=\"auto, (max-width: 2462px) 100vw, 2462px\" \/><\/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>9 Sep 2024<\/td><\/tr><tr><td><strong>PSEi Support<\/strong><\/td><td>6,725.80<\/td><\/tr><tr><td><strong>PSEi Resistance<\/strong><\/td><td>7.016.04<\/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 PSEi closed up 41 basis points at 6,936.09, indicating resilience at recent peak levels. <\/p>\n\n\n\n<p>RSI rose to 62.10, suggesting positive momentum. However, recent negative crossovers in the MACD and -DI indicate potential bearish shifts as investors take profits. <\/p>\n\n\n\n<p>With these mixed signals, a range-bound trading strategy is recommended. This approach allows for profit-taking within the trading range while managing risks amid uncertain directional indicators.<\/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; Entering a negative crossover, seeing weaker bulls <\/li>\n\n\n\n<li><strong>DMI<\/strong> &#8211; Decreasing momentum, unclear market sentiment <\/li>\n\n\n\n<li><strong>RSI<\/strong> &#8211; Steady on the bullish region<\/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>Trade the range.<\/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 PSEi closed up 41 basis points at 6,936.09, indicating resilience at recent peak levels.<\/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-329388","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\/329388","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=329388"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329388\/revisions"}],"predecessor-version":[{"id":329391,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329388\/revisions\/329391"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=329388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=329388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=329388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}