Senior analyst that mainly uses Elliott Wave and technical pattern analysis; and, fundamental data only if consistent with market sentiment for ease of explanation.
Since 2020, the PSEi has been trading within a range between 5,700 and 7,600. I have been tracking the 5-year consolidation via various 3-wave corrective waves. If the count is correct, we should be close to a capitulation of sorts before the next big move.
After what I count as the completion of both Wave b circle and Wave (i) of the larger Wave c circle, I...
