Saturday 5 October 2013

FTSE 100 In Bearish , DJIA Is Joining Soon

DOW JONE = Bullish 
NASDAQ = Bullish 
S and P 500 = Bullish

FTSE 100 (England) = Bearish (Turned Bearish This Week) 
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 
ASX ( Australia All Ordinary Shares Index ) = Bullish
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish 

FTSE 100 (England) is backed to Bearish again. It looks like DJIA is weakening fast. The overall global markets are gloomy and would be joining the two markets very soon. The 'US Political Show' of shutting down the federal government is actually worrying with also the US government debt of reaching USD$17 Trillion, we just have to be ready for the sudden plunge in financial market worldwide.

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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