Saturday, 9 November 2013

So Far So Good Globally

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

FTSE 100 (England) = Bullish 
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish - divergent 
HANG SENG = Bullish - divergent 
SHANG HAI = Bullish - divergent
NIKKEI225 = Bullish - divergent
SEOUL = Bullish - divergent
STRAITS TIMES = Bullish 
TAIWAN WEIGHTED = Bullish - divergent 
Jakarta Composite Index = Bullish 
KLCI = Bullish 
ASX ( Australia All Ordinary Shares Index ) = Bullish - divergent 
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bullish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish - divergent 

There is no change in terms of market condition globally. All of the above indexes are still Bullish based on GPMMA. The 'divergent' situation remains making it the potential correction. Let's see

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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