Saturday, 25 January 2014

Four Sector Indexes Turned Bearish This Week

Composite Index (KLCI) = Bullish 
1. Construction Index = Bearish 
2. Consumer Index = Bearish ( Turned Bearish This Week on 21 Jan 2014 ) 
3. Finance Index = Bearish ( Turned Bearish This Week on 22 Jan 2014 ) 
4. Industrial Index = Bearish ( Turned Bearish This Week on 21 Jan 2014 ) 
5. Industrial Products Index = Bullish ALL Time High ) 
6. Plantation Index = Bearish 
7. Property Index = Bearish ( Turned Bearish This Week on 22 Jan 2014 ) 
8. Technology Index = Bullsih
9. Trading And Services Index = Bullish ( All Time High ) 

Ok, Malaysian stock market showed turning around towards Bearish mode. There are four sectors turned Bearish this week namely Consumer Index, Finance Index, Industrial Index and Property Index. This could mean the end of Malaysia stock market Bullish. We just have to be ready when the Bear market comes. 

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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