Sunday, 27 October 2013

All Sectors Are Bullish But Can Property Sector Hold?


Composite Index (KLCI) = Bullish 
1. Construction Index = Bullish 
2. Consumer Index = Bullish 
3. Finance Index = Bullish 
4. Industrial Index = Bullish 
5. Industrial Products Index = Bullish ( ALL Time High ) 
6. Plantation Index = Bullish 
7. Property Index = Bullish ( Turned Bullish This Week ) 
8. Technology Index = Bullish 
9. Trading And Services Index = Bullish ( All Time High ) 

Property Index finally turned Bullish this week making all sector indexes are in Bullish mode with Industrial Products Index and Trading & Services Index in All Time High. 
A word of concern : With Real Property Gain Tax increased next year announced by Prime Minister Datuk Seri Najib Razak, can property sector index hold strong? We have to see for coming week. 

Sectors In All Time High : (updated weekly) 
1st : Industrial Product Index
2nd : Trading And Services 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) 
3rd : Construction Index (1 Oct 2013) 
4th : Finance Index (17 Oct 2013) 
5th : Consumer Index (18 Oct 2013)
6th : Property Index (21 Oct 2013) 

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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