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Note, however, that yesterday’s candlestick looks bearish.

Participants might be on a wait-and-see mode following prior session’s performance, as most might seize on the latest strength to cash-out.

Continued momentum is seen, as the PSEi tests scoring near the 7,200 mark.

Again, the index is still flirting with the overbought region, so we can’t consider this a correction just yet.

The PSEi rallied for the fifth straight week complemented by strong volume and net foreign buying.

Movements might stay range-bound for now, pending clear catalysts from the Fed’s next move on its widely-tracked interest rate.

At this point, it looks like the index is consolidating already. We can’t rule out a

Activity might stay range-bound, as the market builds a sturdier base above the 7,000 zone.

Participants might get feelers on local gauges’ sequel ascent, especially with weak US retail sales & factory production data in December.

The local bourse managed a feat that took us all by surprise this week! It broke out of the crucial, psychological 7k resistance and was actually

Another range-bound trend might be seen, with possible last-minute boost on select large caps.