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 Index
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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