Saturday, 29 June 2013

DAX Turned Bearish This Week

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S&P 500 = Bullish ( Broke ALL TIME HIGH )


FTSE 100 (England) = Bearish 
DAX (Germany) = Bearish (Turned Bearish This Week) 
CAC 40 (France) = Bearish 

HANG SENG = Bearish 
SHANG HAI = Bearish 
NIKKEI225 = Bearish (Turned Bearish This Week)
SEOUL = Bearish 

STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bearish (Turned Bearish This Week) 
Jakarta Composite Index = Bearish
KLCI = Bullish
Newly added - ASX ( Australia All Ordinary Shares Index ) = Bearish
Newly added - BSE 30 ( Sensex - Bombay ) = Bearish 

DAX (Germany) turned Bearish this week remaining only US stock market and Malaysia stock market are in Bullish mode. It looks like the last two markets are joining the Bearish bandwagon soon. We have to get ready for the bumpy road ahead. Holding quality stocks is a must when it comes to investing.

Index With All Time High : (update weekly)  
1st : Jarkarta Composite Index 
2nd : Dow Jone Industrial Average Index 
3rd : S&P500 Index

Index In Bearish Mode : (update weekly)
1st : ASX ( Australia ) 
2nd : Heng Seng ( Hong Kong ) 
3rd : Straits Time Index ( Singapore ) 
4th :  FSTE 100 (England) 
5th : Shang Hai 
6th : Seoul 
7th : Jakarta 
8th : BSE 30 
9th : CAC 40 (France) 
10th : Nikkie225 
11th : Taiwan Weighted 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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