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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