Saturday, 9 March 2013

Three Sectors Turned Bullish This Week

Composite Index (KLCI) = Bearish
 

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

KLCI remains Bearish BUT there are THREE Sectors turn Bullish this week ; Consumer Index , Finance Index and Trading & Services Index. I am not surprised at all as the global market has been strong and Malaysian stock market did not fall because of upcoming election as most people expected. Just look at the numbers (chart), they are getting Bullish one after another. I would rather buy from now on then waiting for the election. 

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

3rd : Consumer Index 
4th : Finance Index 
5th : Trading & 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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