Saturday, 25 January 2014

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

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