Saturday 21 December 2013

And Again Nothing Change For KLCI

Composite Index (KLCI) = Bullish 
1. Construction Index = Bearish 
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 
8. Technology Index = Bullish 
9. Trading And Services Index = Bullish ( All Time High ) 

Yet again, nothing changed for this week in terms of market condition with KLCI hit all time high of 1851.94. It is obvious being pushed by the blue chips (the 30 component stocks). As long as more sectors are still in Bullish Mode, we are ok. I honestly feel nervous with the high getting higher, many people do. But till the market shows otherwise, we have to stay with it.

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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