NASDAQ = Bullish
S&P 500 = Bullish ( Broke ALL TIME HIGH ) DAX (Germany) = Bullish
CAC 40 (France) = Bullish
HANG SENG = Bearish ( Backed To Bearish Again )
SHANG HAI = Bearish
NIKKEI225 = Bullish
SEOUL = Bearish
STRAITS TIMES = Bullish ( Turned Bearish This Week )
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish (Continue Made New All time High)
KLCI = Bullish ( Backed to Bullish Again )
Newly added - ASX ( Australia All Ordinary Shares Index ) = Bearish
Newly added - BSE 30 ( Sensex - Bombay ) = Bullish
Two markets joint the Bearish bandwagon this week ; Hang Seng Index and Straits Times Index making three markets in Bearish Mode. It looks like global markets are heading for a consolidation.
Index With All Time High : (update weekly)
1st : Jarkarta Composite Index
2nd : Dow Jone Industrial Average Index
3rd : S&P500 Index
3rd : S&P500 Index
Index In Bearish Mode : (update weekly)
1st : ASX ( Australia ) 2nd : Heng Seng ( Hong Kong )
3rd : Straits Time Index ( Singapore )
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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