Saturday, 23 March 2013

KLCI Backed To Bearish Mode Again

Composite Index (KLCI) = Bearish (Backed To Bearish Again This Week) 
1. Construction Index = Bullish
2. Consumer Index = Bullish    
3. Finance Index = Bullish
4. Industrial Index = Bullish 
5. Industrial Products Index = Bullish  
6. Plantation Index = Bearish    
7. Property Index = Bullish ( Leader )  
8. Technology Index = Bearish    
9. Trading And Services Index = Bullish 

GPMMA of KLCI failed to stay above and is now backed to Bearish mode again. This could simply mean uncertainty ahead of the market due to the long waited upcoming 13th General Election. 
I would think that this is the opportunity to shop for some good stocks. 

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 :

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