Composite Index (KLCI) = Bullish
1. Construction Index = Bullish
2. Consumer Index = Bullish
3. Finance Index = Bullish
4. Industrial Index = Bullish
5. Industrial Products Index = Bullish
6. Plantation Index = Bullish
7. Property Index = Bullish ( Leader )
8. Technology Index = Bearish
9. Trading And Services Index = Bullish (ALL TIME HIGH AT 209)
Malaysia Stock Market is bullish with only one sector namely Technology Index in Bearish Mode.
The above daily chart of Plantation Index is slow building base and if CPO (Crude Palm Oil Price) stabilize, there is high chance that Plantation sector will perform.
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
9th : Plantation Index (11 April 2013)
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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