Friday, 17 January 2014

Plantation Turned Bearish While Property Backed Bullish


Composite Index (KLCI) = Bullish 
1. Construction Index = Bearish 
2. Consumer Index = Bullish 
3. Finance Index = Bullish 
4. Industrial Index = Bullish 
5. Industrial Products Index = Bullish ALL Time High ) 
6. Plantation Index = Bearish ( Turned Bearish This Week On 17 Jan 2014 ) 
7. Property Index = Bullish ( Turned Bullish This Week On 13 Jan 2014 ) 
8. Technology Index = Bullsih
9. Trading And Services Index = Bullish ( All Time High ) 

Plantation Index turned Bearish this week while Property Index backed to Bullish mode (it is rather weak). 
The price of CPO (Crude Palm Oil) has been falling due to the excess supply and weak demand). This could be the reason caused Plantation Sector performed badly. 
Overall stock markets of Malaysia are doing fine. We just have to stay with it till it showed otherwise.We can have our own opinion on the market but the data (GPMMA in this case) never lie. 

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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