Friday, 1 February 2013

Bursa Malaysia Back To Bearish Again

color=red>Composite Index (KLCI) = Bearish ( Confirmed Bearish This Week )

1. Construction Index = Bearish 
2. Consumer Index = Bullish  
3. Finance Index = Bearish ( Confirmed Bearish This Week )
4. Industrial Index = Bullish ( Confirmed Bearish This Week )

5. Industrial Products Index = Bearish
6. Plantation Index = Bearish

7. Property Index = Bullish
8. Technology Index = Bearish
9. Trading And Services Index = Bearish ( Confirmed Bearish This Week )

There are four more sectors turned Bearish this week; KLCI, Finance Index, Industrial Index and Trading & Services Index. It is obvious Malaysia stock market is very Bearish. Almost all sectors are in bearish mode except Consumer Index and Property Index. 

Sectors Those Turned Bearish In Sequence : (update weekly)  
1st : Construction Index
2nd : Industrial Products Index
3th : Plantation Inde
4th : Composite Index (KLCI) 
5th : Finance Index 
6th : Industrial Index 
7th : Trading And Services Index  

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html
 

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