As you can see stocks declined since February due to Global conflicts and etc.
Fundamental Analysis Aside
Technical Analysis since feb indicates that PSEI has bearish signs then on march it showed a choch and a good retracement at an imbalance zone.
another confluence is the harmonic pattern formed at the daily time frame which is a butterfly harmonic, target...
The yearly support at 6282.87 was strongly held last week. US equities also made a strong finish last Friday, which could potentially give a positive result on Philippine equities come Monday, probably up until the Chinese New Year.
I'm still bearish with the PSEi, though. The 50-day EMA is now being tested. Let's see if this resistance will be held.