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PSEI index managed to stay above its support level above 6,780. The impact of the Fitch review is still being felt and the PSEI gain of 0.56% was due to a “magic” closing effect as traders and investors managed to buy up some of the blue chips at the closing.
![](https://bodegapik.com/wp-content/uploads/2021/07/psei-07-14-21-1024x531.jpg)
The RSI indicators are still showing signs of weakness together with the MACD indicators suggesting low risk appetite from both traders and Investors.
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