Sunday, 9 September 2012

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. 

No comments:

Post a Comment