Jakarta Composite Index Made A Surprise Turn Towards Bullish

DOW JONE = Bullish (All Time High) 

NASDAQ = Bullish 

S and P 500 = Bullish (All Time High)

FTSE 100 (England) = Bullish

DAX (Germany) = Bullish (All Time High) 

CAC 40 (France) = Bullish 

HANG SENG = Bearish 

SHANG HAI = Bearish 

NIKKEI225 = Bullish

SEOUL = Bearish 

STRAITS TIMES = Bearish 

TAIWAN WEIGHTED = Bullish 

Jakarta Composite Index = Bullish ( Turned Bullish This Week on 22 Jan 2014 ) 

KLCI = Bullish 

ASX ( Australia All Ordinary Shares Index ) = Bullish 

BSE 30 ( Sensex - Bombay ) = Bullish 

Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 

Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish

Jakarta Composite Index turned surprisingly turned Bullish this making 7 out of 18 global indexes monitored above are in Bullish Mode. With 318.24 points plunge of Dow June Industrial Average (DJIA),global markets might be at the turning point towards Bearish mode. I will not guess the market till the markets show me.

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