Saturday, 29 December 2012

As Weird As It May Be - KLCI

Composite Index (KLCI) = Bullish (This week turned Bullish)

1. Construction Index = Bearish
2. Consumer Index = Bearish (Turning Bullish Soon)
3. Finance Index = Bullish
4. Industrial Index = Bearish
5. Industrial Products Index  = Bearish
6. Plantation Index = Bearish
7. Property Index = Bearish 
8. Technology Index = Bearish  

9. Trading And Services Index = Bullish (This week turned Bullish) 

It is weird that majority of our sector indexes are bearish when KLCI has already been bullish. 2 out of  9 sectors are bullish when Consumer Index will be turning bullish in the coming week. 
I guess we should look at Financial sector, Trading & services sector and Consumer sector for stock trading. 

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out :

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