Markets Globally Potential Sideways Ahead

DOW JONE = Bearish

NASDAQ = Bullish 

S and P 500 = Bullish ( Turned Bullish on 18 Feb 2014 ) 

FTSE 100 (England) = Bullish ( Turned Bullish This Week on 28 Feb 2014 ) 

DAX (Germany) = Bullish 

CAC 40 (France) = Bullish( Turned Bullish On 13 Feb 2014 ) 

HANG SENG = Bearish 

SHANG HAI = Bearish 

NIKKEI225 = Bearish 

SEOUL = Bearish 

STRAITS TIMES = Bearish 

TAIWAN WEIGHTED = Bullish

Jakarta Composite Index = Bullish

KLCI = Bullish ( Turned Bullish This Week on 19 Feb 2014 ) 

ASX ( Australia All Ordinary Shares Index ) = Bullish ( Turned Bullish on 17 Feb 2014 ) 

BSE 30 ( Sensex - Bombay ) = Bearish

Newly Added - PSI (Philipines Stock Exchange Index) = Bullish ( Turned Bullish Finally on 19 Feb 2014 ) 

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

Six indexes turned Bullish This Week namely :
- S&P 500
- FTSE 100
- CAC 40
- KLCI
- ASX
- PSI
Despite the rebound for some indexes globally, just like Malaysia share market, I will not rush into purchasing stocks as it usually follows by a sideways before the markets deciding the next direction; ups or downs.

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

5 Sectors Made U Turned To Bullish - Can it continue?

Composite Index (KLCI) = Bullish ( Turned Bullish This Week on 19 Feb 2014 ) 

1. Construction Index = Bearish 

2. Consumer Index = Bearish 

3. Finance Index = Bearish
4. Industrial Index = Bullish ( Turned Bullish This Week on 20 Feb 2014 ) 

5. Industrial Products Index = Bullish ( Turned Bullish This Week on 14 Feb 2014 ) 

6. Plantation Index = Bearish 

7. Property Index = Bullish ( Turned Bullish This Week on 21 Feb 2014 ) 

8. Technology Index = Bullsih

9. Trading And Services Index = Bullish ( Turned Bullish This Week on 14 Feb 2014 )

Malaysia Stock markets made a U turned for some sectors including KLCI. KLCI, Industrial Index, Industiral Products Index, Property Index and Trading & Services Index turned Bullish this week again.
It is obvious the market is heading into sideways since the plunging stops. I personally would not think that the market could continue the upsides for long.

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 

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

One Sector Remaining Bullish

Composite Index (KLCI) = Bearish 

1. Construction Index = Bearish 

2. Consumer Index = Bearish 

3. Finance Index = Bearish
4. Industrial Index = Bearish

5. Industrial Products Index = Bearish 

6. Plantation Index = Bearish 

7. Property Index = Bearish

8. Technology Index = Bullsih

9. Trading And Services Index = Bearish ( Turned Bearish This Week ) 

One Sector turned Bearish this week; Trading And Services Index remaining one sector ( Technology Index ) is Bullish. As mentioned last week, I will reduce my share holding for now. There will be a bound but I am not sure how far it will go.

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 

3 More Indexes Turned Bearish This Week

DOW JONE = Bullish

NASDAQ = Bullish 

S and P 500 = Bullish

FTSE 100 (England) = Bearish ( Turned Bearish This Week On 31 Jan 2014 ) 

DAX (Germany) = Bullish 

CAC 40 (France) = Bullish 

HANG SENG = Bearish 

SHANG HAI = Bearish 

NIKKEI225 = Bullish

SEOUL = Bearish 

STRAITS TIMES = Bearish 

TAIWAN WEIGHTED = Bullish 

Jakarta Composite Index = Bullish

KLCI = Bearish ( Turned Bearish This Week On 27 Jan 2014 ) 

ASX ( Australia All Ordinary Shares Index ) = Bearish ( Turned Bearish This Week On 30 Jan 2014 ) 

BSE 30 ( Sensex - Bombay ) = Bullish 

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

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

Three indexes further turned Bearish this week namely FTSE 100, KLCI and ASX. It also looks like US stock market will be turning Bearish based on GPMMA by next week. I would liquidate some of my shares to reduce my position since more indexes tuning Bearish.

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

Time To Reduce Position - 2 More Turned Bearish

Composite Index (KLCI) = Bearish ( Turned Bearish This Week ) 

1. Construction Index = Bearish 

2. Consumer Index = Bearish 

3. Finance Index = Bearish
4. Industrial Index = Bearish

5. Industrial Products Index = Bearish ( Finally Turned Bearish This Week ) 

6. Plantation Index = Bearish 

7. Property Index = Bearish

8. Technology Index = Bullsih

9. Trading And Services Index = Bullish ( All Time High ) 

Kuala Lumpur Composite Index and Industrial Products Index finally turned Bearish this week making 8 out of 10 indexes are in Bearish Mode. I will dispose some of my shares from now to reduce my holding of share to less than 30% of my total share investment. It looks like bumpy road ahead of us.

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 

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