NASDAQ = Bullish
S&P 500 = Bullish ( Broke ALL TIME HIGH ) 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
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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