Saturday 8 June 2013

Three Market In The Red Now

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


FTSE 100 (England) = Bullish
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

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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