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How PSEI Index
Faced New Resistance


Chart PSEI Index Selling Points


PSEI Index Chart
  • Philippines Stock Market - It can also give us another powerful example about stock market resistance. See the PSI stock index chart above? It has so many selling points. But let’s just focus on two places.

  • The Resistance Line - Being touched twice, gave me a sense that lots of stock sellers may use it as a place to sell. How do we find out? Let’s see what happens when we approach, or touch it next time.

  • The Bottom Line - Sometimes, technical resistance areas only need to be touched once, or twice to become valid. The stock market chart of Philippines above is another example to watch, follow, and study.


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    Studying More Stock Resistance


  • Mexico IPC Index - IPC Index with an interesting up trend resistance line. It has been around for 9 long months, attracting, and motivating MXX stock index sellers. Are Mexican stock market traders likely to trade it again?

  • IBEX 35 Index - IBEX 35 Index is a very important part of the Spanish stock market. How about seeing behind the IBEX 35 stock index? Behind the stock index of Spain, I saw a new down trend resistance line for sellers.

  • Italy MIB Index - MIB Index of Italy is an irresistible stock market to follow. Why? FTSE MIB stock index is consistently sending investment signals. Secret signals like where to sell your stocks and take your profits.


    Learning More Stock Charts


  • Argentine Merval Index - Argentina’s Merval Index, demonstrating another up trend resistance. How do Argentinean stock market investors identify it? How Merval Buenos Aires traders use it to take some profits?

  • KOSPI Composite Index - KOSPI Composite Index would rise to the resistance point, and then suddenly pull back. Why? South Korea stock market investors have been using it as a psychological area for taking profits.

  • BSE Sensex Index - When you follow BSE Sensex Index chart, you discover so many resistance levels that work. You also see where Indian stock market investors sell their stocks. Noticing how they sell, you reduce your risks.


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