Saturday, 23 February 2013

KLCI Might Rebound

Composite Index (KLCI) = Bearish

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

There is no change in term of GPMMA technical indicator for Malaysian sectors. HOWEVER, I believe there is a very high probability that our market would rebound soon given that the green line of MACD for KLCI will break above the red line in coming days

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 
8th : Consumer Index 

Sectors Turned Bullish In Sequence : (update weekly) 
1st : Property Index 
2nd : Industrial 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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