Monday, 20 August 2012

Most Sectors Are Bullish

Composite Index (KLCI) = Bullish 
Construction Index = Bearish 
Consumer Index = Bullish 
 Finance Index = Bullish 
Industrial Index = Bullish 
Industrial Products Index = Bullish 
Plantation Index = Bullish (Caution, might turn bearish soon) 
Property Index = Bullish
Technology Index = Bearish 
Trading And Services Index = Bullish 

There is not much changes accept that Plantation sector might turn bearish very soon given that it has broken below the red lines of GPMMA. Confirmation is needed; the purple lines (5 lines) should totally closed below the red lines. 

 

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