Sunday, 14 October 2012

Three Sectors Turned Bullish Again

Composite Index (KLCI) = Bullish 

Construction Index = Bearish 
Consumer Index = Bearish 
Finance Index = Turned Bullish Again
Industrial Index = Bearish 
Industrial Products Index  = Turn Bullish Again

Plantation Index = Bearish (Broke Recent Low) 
Property Index = Turned Bullish Again
Technology Index = Bearish (Broke Recent Low) 
Trading And Services Index = Bullish 
Sectors turned bullish are 1) Finance Index, 2) Industrial Products Index  and 3) Property Index.

Sectors broken new low are 1) Plantation Index and 2) Technology Index. It is important not to trade those stocks which are in the broken new low index like the two above. Take Care.

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