Saturday, 9 March 2013

Dow Jone In All Time High

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S&P 500 = Bullish ( It is near all time high
 
FTSE (England) = Bullish
DAX (Germany) = Bullish    
CAC 40 (France) = Bullish 
HANG SENG = Bullish
SHANG HAI = Bullish  

NIKKEI225 = Bullish
SEOUL = Bullish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish           

Jakarta Composite Index = Bullish ( ALL TIME HIGH and GOING STRONG)
KLCI = Bearish 

What can I say? Numbers (Charts) said it all. We are in a Bullish mode globally. Dow Jone broke all time high without hesitation. I initially thought based on the weakness of MACD Indicator Dow Jone Index and Nikkei 225 would at least make a correction then continued the surge. Obviously, they did not. This is just to show the Bullishness of the entire market globally. 

Index With All Time High : (update weekly)  
1st : Jarkarta Composite Index 
2nd : Dow Jone Industrial Average Index 

Index In Bearish Mode : (update weekly)  
KLCI 
 
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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