Saturday, 8 February 2014

Bearish Ahead Globally

DOW JONE = Bearish ( Finally Turned Bearish On 3 Feb 2014 ) 
NASDAQ = Bullish 
S and P 500 = Bearish ( Turned Bearish On 4 Feb 2014 ) 

FTSE 100 (England) = Bearish 
DAX (Germany) = Bullish 
CAC 40 (France) = Bearish ( Turned Bearish On 3 Feb 2014 ) 
HANG SENG = Bearish 
SHANG HAI = Bearish 
NIKKEI225 = Bearish ( Turned Bearish On 4 Feb 2014 ) 
SEOUL = Bearish 
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish
KLCI = Bearish 
ASX ( Australia All Ordinary Shares Index ) = Bearish 
BSE 30 ( Sensex - Bombay ) = Bearish ( Turned Bearish On 4 Feb 2014 ) 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish

Dow Jone Industrial Average (DJIA) finally turned Bearish on 3 Feb 2014 together with S&P 500, CAC 40, Nikkei 225 and BSE 30. It is obvious that the markets globally are now in Bearish mode.

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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