Saturday, 6 April 2013

Malaysian Stock Market Going Stong

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 = Bearish      
7. Property Index = Bullish ( Leader )    
8. Technology Index = Bearish      
9. Trading And Services Index = Bullish (ALL TIME HIGH AT 209)

Despite the worry and tension building up upon announcement of parliament resolution making KLCI swinging for 60 points in one day on 3 April 2013, KLCI still ended up in Bullish mode
We just have to stick to technical analysis for direction when trading and investing, "opinion" and "thinking" are always wrong. 

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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