Sunday, 23 September 2012

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. 

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