Malaysia Are In RED!

Composite Index (KLCI) = Bullish 

Construction Index = Bearish 
Consumer Index = Bearish Confirmed
Finance Index = Bearish Confirmed 
Industrial Index = Bearish 
Industrial Products Index  = Bearish
Plantation Index = Bearish 
Property Index = Bearish 
Technology Index = Bearish 
Trading And Services Index = Bearish (It turned bearish but bounced back, follow closely coming week)
 
It is disappointing to see all sectors are now bearish with Trading And Service Index having chance of bouncing back to bullish mode. I have nothing to say except that our stocks holding into Malaysia counters should be kept in the minimum. I strongly believe in technical specially GPMMA. 

Global Weekly Are Still Bullish

DOW JONE = Bullish 

NASDAQ = Bullish 
S&P 500 = Bullish 

FTSE = Bullish 
DAX = Bullish 

HANG SENG = Reversed To Bullish Again 

SHANG HAI = Bearish 
NIKKEI225 = Bullish (Back to Bullish) 
SEOUL = Bullish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish 

KLCI = Bullish 

The global markets are still bullish. All GPMMA of global indexes are bullish. We just have to stay with it till GPMMA turns. We should not use our opinion to effect our trading decision. We might think that the market is too high but the truth is all GPMMA of all indexes globally are bullish. 

Weekly Sectors - More Bearish Now

Composite Index (KLCI) = Bullish  

Construction Index = Bearish 

Consumer Index = Bullish (It is turning bearish soon) 

 Finance Index = Bullish 

Industrial Index = Bearish Just Confirmed 

Industrial Products Index  = Bearish

Plantation Index = Bearish ( Confirmed Bearish ) 

Property Index = Bearish Just Confirmed 

Technology Index = Bearish 

Trading And Services Index = Bullish 

Stock markets of all sectors are slowing turning bearish. The bullish sectors remained only 4 sectors out of 10. Global stock markets are very bullish and we are heading downwards. This is not good. 

Weekly Global Watch - No Change

DOW JONE = Bullish 

NASDAQ = Bullish 
S&P 500 = Bullish 

FTSE = Bullish 
DAX = Bullish 

HANG SENG = Reversed To Bullish Again 

SHANG HAI = Bearish 
NIKKEI225 = Bullish (Back to Bullish) 
SEOUL = Bullish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish 

KLCI = Bullish 

There is no change in market condition where ShangHai Composite Index is the only index in bearish mode. It looks like the markets could head higher considering the row out of QE3 by Federal Reserve Of United States. With more money pouring in the market, inflation for sure with kick in. 

6 Sectors Are Bearish Now

Composite Index (KLCI) = Bullish  

Construction Index = Bearish 

Consumer Index = Bullish ( ALL TIME HIGH ) 

 Finance Index = Bullish 

Industrial Index = Bearish Just Confirmed 

Industrial Products Index = Bearish Just Confirmed

Plantation Index = Bearish ( Confirmed Bearish ) 

Property Index = Bearish Just Confirmed 

Technology Index = Bearish 

Trading And Services Index = Bullish 

It is obvious there 3 sectors turned bearish this week making it 6 bearish sectors in total (see the above). Considering the bullish of the global markets including our KLCI, I am still holding my stocks. 

Hang Seng Index Also Turned Bullish - Global Market Watch

DOW JONE = Bullish 

NASDAQ = Bullish 
S&P 500 = Bullish 

FTSE = Bullish 
DAX = Bullish 

HANG SENG = Reversed To Bullish Again 

SHANG HAI = Bearish 
NIKKEI225 = Bullish (Back to Bullish) 
SEOUL = Bullish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish 

KLCI = Bullish 

Global markets are moving up for the last one week. They are all bullish. Hang Seng Index has also turned bullish again (refer to the chart). 

So Far So Good - Sectors Weekly Watch

Composite Index (KLCI) = Bullish  

Construction Index = Bearish 

Consumer Index = Bullish ( ALL TIME HIGH ) 

 Finance Index = Bullish 

Industrial Index = Bullish (Watch Out!) 

Industrial Products Index = Bullish (Watch Out!) 

Plantation Index = Bearish ( Confirmed Bearish ) 

Property Index = Bullish

Technology Index = Bearish 

Trading And Services Index = Bullish 

 

It was really scary to the plunge of KLCI for the week. Looking at the chart based on GPMMA, there is not sell confirmation yet. We have to wait patiently and see carefully. 

Plantation Index is now in bearish mode with purple 5 lines totally closed below the 5 red lines. 

Industrial Index and Industrial Products Index are in high potential close over to bearish mode. We have to watch very closely. 

Globally , Markets Are Bullish

DOW JONE = Bullish 

NASDAQ = Bullish 
S&P 500 = Bullish 

FTSE = Bullish 
DAX = Bullish 

HANG SENG = Just Turned Bearish 

SHANG HAI = Bearish 
NIKKEI225 = Bullish (Price closed below red lines but no confirmation yet) 
SEOUL = Bullish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish 

KLCI = Bullish 

Hang Seng Index confirmed bearish now. It is obvious that global markets are very bullish (only Hang Seng and Shag Hai index are bearish). I honestly feel that the markets are way over bought but the charts show otherwise. 

Sector Weekly Watch - Not Much Changes

Composite Index (KLCI) = Bullish ( ALL TIME HIGH ) 

Construction Index = Bearish 

Consumer Index = Bullish ( ALL TIME HIGH ) 

 Finance Index = Bullish 

Industrial Index = Bullish 

Industrial Products Index = Bullish 

Plantation Index = Bullish (Caution, might turn bearish soon)  

Property Index = Bullish

Technology Index = Bearish 

Trading And Services Index = Bullish  ( ALL TIME HIGH )

There is not much changes for the week. Plantation sector is still potentially heading to bearish soon.
KLCI, Consumer Index and Trading & Services Index are in all time high.

Global Watch - Watch Out For Hand Seng & Nikkei225

DOW JONE = Bullish 

NASDAQ = Bullish 
S&P 500 = Bullish 

FTSE = Bullish 
DAX = Bullish 

HANG SENG = Turned Bullish (Potential Closed Over To Bearish)

SHANG HAI = Bearish 
NIKKEI225 = Bullish (Price closed below red lines but no confirmation yet) 
SEOUL = Bearish 
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish

KLCI = Bullish 

Both Hang Seng Index and Nikkei225 have broken below the red lines. There is no confirmation since the shorter time 5 lines did not close below the red lines. We have to watch closely.