Sunday, 27 January 2013

4 Sectors Confirmed Bullish

Composite Index (KLCI) = Bullish

1. Construction Index = Bearish ( It turned Bearish this week )

2. Consumer Index = Bullish 
3. Finance Index = Bullish    
4. Industrial Index = Bullish
5. Industrial Products Index = Bearish ( It turned Bearish again ) 
6. Plantation Index = Bearish ( It turned Bearish )

7. Property Index = Bullish
8. Technology Index = Bearish 
9. Trading And Services Index = Bullish

Three Sectors confirmed Bearish, namely Construction Index, Industrial Products index and Plantation Index. It makes four Sectors are in Bearish mode. 
Composite Index (KLCI) was still manage to stay at Bullish mode despite the big drop of 40.81 points on 21 Jan 2013. I was like you all thought that GPMMA of KLCI would have turned Bearish. But number never lies. I would stick to my believe on GPMMA. 

Sectors Those Turned Bearish In Sequence : (My New Analysis too; I will update weekly)  
1st : Construction Index
2nd : Industrial Products Index
3th : Plantation Index

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out :

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