Composite Index (KLCI) = Bullish (Backed To Bullish 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
. Trading And Services Index = Bullish (ALL TIME HIGH AT 209)
Three things worth mentioning this week for Malaysia Stock Market :
1. Composite Index (KLCI) is back to Bullish again. I guess the market will continue the rally for long time to come
2. Trading And Service Index made all time high of 209 on Firday
3. There is a high probability that Technology Sector is near it's rebound (MACD has been moving up). This would give us a good opportunity to shop for some good technology stocks. (Any one could suggest and let's us discuss)
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
Sectors Made All Time High In Sequence : (update weekly)
1.st : 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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