Saturday, 8 September 2012

Globally , Markets Are Bullish

DOW JONE = Bullish 
NASDAQ = Bullish 
S&P 500 = Bullish 

FTSE = Bullish 
DAX = Bullish 

HANG SENG = Just Turned Bearish 
SHANG HAI = Bearish 
NIKKEI225 = Bullish (Price closed below red lines but no confirmation yet) 
SEOUL = Bullish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish 
KLCI = Bullish 

Hang Seng Index confirmed bearish now. It is obvious that global markets are very bullish (only Hang Seng and Shag Hai index are bearish). I honestly feel that the markets are way over bought but the charts show otherwise. 

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