DOW JONE = Bullish
NASDAQ = Bullish
S&P 500 = Bullish
FTSE = Bullish
DAX = Bullish
HANG SENG = Turned Bullish
SHANG HAI = Bearish
NIKKEI = Bearish (It is turning to bullish soon)
SEOUL = Bearish
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Just turned Bullish
NASDAQ = Bullish
S&P 500 = Bullish
FTSE = Bullish
DAX = Bullish
HANG SENG = Turned Bullish
SHANG HAI = Bearish
NIKKEI = Bearish (It is turning to bullish soon)
SEOUL = Bearish
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Just turned Bullish
KLCI = Bullish
This week, Hang Seng, Seoul and Taiwan Weighted turned bullish indicating the bullishness of the entire market. I honestly felt uneasy thinking markets could be in a tile end considering the markets have been bullish. But feeling is one thing, technical is another.
WE HAVE TO ACT ACCORDING TO THE TECHNICAL ANALYSIS RATHER THAN OUR FEELING.
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