Saturday, 21 September 2013

Industrial Product Index Is In All Time High

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

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

The Bullishness of the market drove 5 sectors indexes into Bullish Mode ; KLCI, Industrial Index, Plantation Index, Technology Index and Trading & Services Index.
What is important this week is Industrial Products Index in ALL TIME HIGH. I guess we should focus more counters on this sector. If any one could suggest some, please feel free to do so.We could analyze and discuss.

Sectors In All Time High : (updated weekly) 
1st : Industrial Product Index

Sectors Turned Bullish In Sequence : (updated weekly) 
1st : Industrial Products Index (13 Sept 2013) 
2nd : KLCI (20 Sept 2013) 
2nd : Industrial Index (20 Sept 2013) 
2nd : Plantation Index (20 Sept 2013) 
2nd : Technology Index (20 Sept 2013) 
2nd : Trading And Services Index (20 Sept 2013) 

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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