Saturday, 14 December 2013

More & More Indexes Turned Bearish

DOW JONE = Bullish (All Time High) 
NASDAQ = Bullish 
S and P 500 = Bullish (All Time High)

FTSE 100 (England) = Bearish
DAX (Germany) = Bullish (All Time High) 
CAC 40 (France) = Bearish ( Turned Bearish This Week On 10 Dec 2013 ) 
HANG SENG = Bullish
SHANG HAI = Bullish 
NIKKEI225 = Bullish
SEOUL = Bearish ( Turned Bearish This Week on 13 Dec 2013 ) 
STRAITS TIMES = Bearish ( Turned Bearish This Week on 4 Dec 2013 ) 
TAIWAN WEIGHTED = Bearish 
Jakarta Composite Index = Bearish 
KLCI = Bullish 
ASX ( Australia All Ordinary Shares Index ) = Bearish ( Turned Bearish This Week on 9 Dec 2013 ) 
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bearish 

CAC 40 (France), Seoul Index and Straits Times Index turned Bearish this week. It looks like more and more indexes turning Bearish. Just watch out!

Global Market Turning Bearish In Sequence : (Update Weekly) 
1st Shang Hai Composite Index (8 Nov 2013) 
2nd Jakarta Composite Index (13 Nov 2013) 
3rd Philipines Stock Exchange Index (15 Nov 2013) 
4th Taiwan Weighted Index (21 Nov 2013) 
4th Thailand Stock Exchange Weighted Index (21 Nov 2013) 
5th Straits Times Index (4 Dec 2013) 
6th FTSE 100 Index (5 Dec 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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