Property Index Backed To Bearish Again

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 = Bearish ( Backed To Bearish This Week Again ) 

8. Technology Index = Bullish 

9. Trading And Services Index = Bullish ( All Time High ) 

Property Index is making the headline again. It is back to Bearish Mode again. Government policy plays a very important role in the direction of indexes. In this case, an increase in real property gain tax would immediately caused the plunge in property sector.

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