The Philippine Stock Exchange Index (PSEi) continues to dilly-dally near the resistance at 5,933. Out of the 193 trading days we've had from January 2, 2020 to October 14, 2020, 163 of which are net foreign selling days. There's no need to regurgitate that the foreign investors continue to have a lackluster sentiment investing in the Philippine stock market, in general. The immediate support sits near 5,430. If the PSEi breaks above its prevailing resistance, the next resistance will be 6,590.
