Saturday, 7 September 2013

Bearish , Wait & See

Composite Index (KLCI) = Bearish
 
1. Construction Index = Bearish ( Turned Bearish This Week )
2. Consumer Index = Bearish ( Turned Bearish This Week ) 
3. Finance Index = Bearish
4. Industrial Index = Bearish

5. Industrial Products Index = Bearish ( Turned Bearish This Week ) 
6. Plantation Index = Bearish 
7. Property Index = Bearish
8. Technology Index = Bearish ( Turned Bearish This Week ) 
9. Trading And Services Index = Bearish ( Turned Bearish This Week )

Nothing much change for Malaysian stock markets. All Sector indexes are at the Bearish mode. They are all recovering but not strong enough to change the entire the market sentiment.

Sectors Turned Bearish In Sequence : (updated weekly) 
1st : Finance Index 
1st : Industrial Index 
1st : Plantation Index 
1st : Property Index 
(The above Indexes turned Bearish all in the same week) 
2nd : Construction Index 
2nd : Consumer Index 
2nd : Industrial Products Index 
2nd : Technology Index 
2nd : Trading And Services 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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