Saturday 11 January 2014

Fund Turned To Developed Countries

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

FTSE 100 (England) = Bullish ( Turned Bullish on 30 Dec 2013 ) 
DAX (Germany) = Bullish (All Time High) 
CAC 40 (France) = Bullish ( Turned Bullish on 31 Dec 2013 ) 
HANG SENG = Bearish ( Turned Bearish on 6 Jan 2014 ) 
SHANG HAI = Bearish 
NIKKEI225 = Bullish
SEOUL = Bearish 
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish (It is has been Bullish since 2 Dec 2013) 
Jakarta Composite Index = Bearish 
KLCI = Bullish 
ASX ( Australia All Ordinary Shares Index ) = Bullish ( Turned Bullish on 2 Jan 2014 ) 
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish

FTSE 100 , CAC 40 and ASX turned Bullish this week indicating that the fund is actually flowing back to Europe country or I would say developed countries.
Hang Seng turned Bearish means the fund is actually turning away to developed countries.

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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