Saturday, 21 September 2013

Heroin Continue Markets Continue

DOW JONE = Bullish ( Turned Bullish And Reached All Time High )
NASDAQ = Bullish 
S and P 500 = Bullish


FTSE 100 (England) = Bullish
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish
HANG SENG = Bullish 
SHANG HAI = Bullish 
NIKKEI225 = Bullish
SEOUL = Bullish
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bearish
KLCI = Bullish ( Turned Bullish This Week )
ASX ( Australia All Ordinary Shares Index ) = Bullish
BSE 30 ( Sensex - Bombay ) = Bullish ( Turned Bullish This Week ) 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish 

The 'Party' continued as announced by fed chairman Mr. Ben Bernanke with continuation supply of 'heroin' to the system ( QE3 ) on 17 Sept 2013, three more markets turned Bullish globally ; Dow Jone Industrial Average , KLCI and BSE 30 with DJIA broke all time high. As long as the party continue, the markets continue. I am more worry on the 'health' of the world economy over all of how long she could take it. . Federal Reserve has the right to continue printing money, I guess it will reach one day, all the poor could not take it any more due to the inflation and start social unrest.

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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