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 Index
( 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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