Saturday, 22 June 2013

Three More Markets Turned Bearish

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


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

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 

"Blood shed" every way this week. There are another 3 markets turned Bearish this week ; CAC 40, Nikkie225 & Taiwan Weighted Index. What goes up must come down. It is a common phenomenon. We just have to make sure that we are holding a good fundamental stocks.

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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