The PSEi Has Already Fallen More Than 400 Points From The Peak Of The Market - October 14, 2014

On Monday, the PSEi was down another 199.26 points or 2.78%. Overall, the PSEi has now fallen by 445.53 points or 6.01%  from the peak of the market (7413.62). Currently PSEi is below the Kijun-Sen and sitting at the Centile of the Pitchfork. Possible support is at 6482 ( Kumo or Cloud ) and Lower Parallel Line of the Pitchfork. Check here for previous PSEi analysis http://pse-news.blogspot.com/2014/10/psei-median-line-resistance-october-11.html