Saturday, 30 November 2013

Construction Index Joint Finance & Property Sector Turned Bearish

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

The Construction Index turned Bearish this week. It is understandable given the Finance Index & Property Index are already in Bearish mode. They are closely related. The rest are still resilient. The coming week and towards the year end is important.

Sectors Turning Bearish In Sequence : (Updated Weekly) 
1st Finance Sector 
2nd Property Sector (15 Nov 2013) 

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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