( Note : I made a mistake that DJIA actually turned Bearish Last week)
NASDAQ = Bullish
S and P 500 = Bullish
FTSE 100 (England) = Bullish ( Turned Bullish This Week )
DAX (Germany) = Bullish CAC 40 (France) = Bullish
HANG SENG = Bullish
SHANG HAI = Bullish
NIKKEI225 = Bullish
SEOUL = Bullish
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish ( Finally Turned Bullish This Week )
KLCI = Bullish
ASX ( Australia All Ordinary Shares Index ) = Bullish
BSE 30 ( Sensex - Bombay ) = Bullish
Newly Added - PSI (Philipines Stock Exchange Index) = Bullish ( Turned Bullish This Week )
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish
Last two indexes I monitor turned Bullish this week ; Jakarta Composite Index and Phillipines Stock Exchange Index, making the global markets totally in Bullish Mode. Despite the worry on the potential of US credit default, markets as usual give us a surprise and head the opposite direction. As a trader or investor, we have to follow the numbers not the feelings.
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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