Saturday, 3 August 2013

Malaysian Market Corrected But Hold On Well

Composite Index (KLCI) = Bullish ( Hit All Time High at 1826.22 )
 
1. Construction Index = Bullish 
2. Consumer Index = Bullish ( Broke All Time High ) 
3. Finance Index = Bullish ( Broke All Time High ) 
4. Industrial Index = Bullish ( Broke All Time High ) 

5. Industrial Products Index = Bullish ( Broke All Time High )
6. Plantation Index = Bullish 
7. Property Index = Bullish ( In All Time High ) 
8. Technology Index = Bullish
9. Trading And Services Index = Bullish ( In All Time High )

Malaysian stock markets corrected this week as anticipated last week. The market maintains well for now based on GPMMA indicator. We have to watch very closely in coming week and also the global markets performance. I will hold on to all my investment till global markets prove otherwise.

Sectors Turned Bullish In Sequence : (update weekly) 
1st : Property Index 
2nd : Industrial Index

3rd : Consumer Index 
4th : Finance Index 
5th : Trading & Services Index 
6th : Composite Index 
7th : Construction Index 
8th : Industrial Products Index 
9th : Plantation Index (11 April 2013) 

Sectors Made All Time High In Sequence : (update weekly) 
1.st : Trading & Services Index 
2nd : Property Index 
3rd : Consumer Index 
4th : Finance Index 
5th : Industrial Index 
6th : Industrial Products Inde
( Note : 3rd , 4th , 5th & 6th broke new high together ) 
  
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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