Saturday, 16 March 2013

Construction Index & Industrial Products Index Turned Bullish

Composite Index (KLCI) = Bullish (Turned Bullish This Week) 
 
1. Construction Index = Bullish (Turned Bullish This Week)  
2. Consumer Index = Bullish  
3. Finance Index = Bullish
4. Industrial Index = Bullish 
 
 

5. Industrial Products Index = Bullish (Turned Bullish This Week) 
6. Plantation Index = Bearish  
7. Property Index = Bullish   
8. Technology Index = Bearish  
9. Trading And Services Index = Bullish 

It is important not to use 'feeling' , 'opinion' or 'thinking' when it comes to analyzing markets. We all have been talking about the upcoming 13th election, gussing the date and suggesting the direction of the markets. But the above analysis said it all; one sectors after another turning Bullish. We just have to follow the direction. 

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

3rd : Consumer Index 
4th : Finance Index 
5th : Trading & Services Index 
6th : Composite Index 
7th : Construction Index 
8th : Industrial Products 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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