KLCI Might Rebound

Composite Index (KLCI) = Bearish

1. Construction Index = Bearish   
2. Consumer Index = Bearish (Back to Bearish Again This Week) 
3. Finance Index = Bearish
4. Industrial Index = Bullish (Back to Bullish Again This Week)
5. Industrial Products Index = Bearish
6. Plantation Index = Bearish
7. Property Index = Bullish 
8. Technology Index = Bearish 
9. Trading And Services Index = Bearish

There is no change in term of GPMMA technical indicator for Malaysian sectors. HOWEVER, I believe there is a very high probability that our market would rebound soon given that the green line of MACD for KLCI will break above the red line in coming days. 

Sectors Those Turned Bearish In Sequence : (update weekly)  
1st : Construction Index
2nd : Industrial Products Index
3th : Plantation Index 
4th : Composite Index (KLCI) 
5th : Finance Index 
6th : Industrial Index 
7th : Trading And Services Index 
8th : Consumer Index 

Sectors Turned Bullish In Sequence : (update weekly) 
1st : Property Index 
2nd : Industrial Index
  
Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html

MACD Weakness For DJI & Nikkei225

DOW JONE = Bullish ( It is near all time high )

NASDAQ = Bullish 

S&P 500 = Bullish ( It is near all time high )

FTSE (England) = Bullish

DAX (Germany) = Bullish    
CAC 40 (France) = Bullish 
HANG SENG = Bullish
SHANG HAI = Bullish  
NIKKEI225 = Bullish
SEOUL = Bullish ( Rebounded back to Bullish again )
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish         
Jakarta Composite Index = Bullish ( ALL TIME HIGH and GOING STRONG)
KLCI = Bearish

There are two things to mention this week ; 
1. SEOUL is now back to Bullish again indicating the strong bull ahead of the entire market  
2. JAKARTA Composite Index kept breaking NEW HIGH then closed at 4651.123 (All Time High = 4656.130 ) 

The global market has been bullish since last year. Some markets even broke new high like Jakarta Composite Index and Nasdaq. The next question that pop to our mind would be what would be next for us? 

In order to answer the question, I would suggest we look into the technical indicator ; MACD for direction. See if there is any weakness ahead of us to help us in our trading and investing. 

Dow Jones Industrial Average has been Bullish based on technical indicator ; GPMMA. However, looking at technical indicator of MACD, DJI might head for correction or at least sideways ; the green line has closed below the red line and heading downwards.

There is a divergent between Nikkei225 and MACD; the index kept heading higher but the MACD is going down. 

Both MACD of DJI and Nikkei225 are heading downwards. Which means that the bullish momentum is disappearing soon.

Sectors With All Time High : (update weekly)  

Jarkarta Composite Index 

Sectors Turned Bearish : (update weekly)  

KLCI 
 

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html

Industrial Sector Surprisingly Turned Bullish

Composite Index (KLCI) = Bearish


1. Construction Index = Bearish   
2. Consumer Index = Bearish (Back to Bearish Again This Week) 
3. Finance Index = Bearish
4. Industrial Index = Bullish (Back to Bullish Again This Week)
5. Industrial Products Index = Bearish
6. Plantation Index = Bearish
7. Property Index = Bullish 
8. Technology Index = Bearish 
9. Trading And Services Index = Bearish
 
There are two major changes to mention this week ; 
Consumer Sector dropped back to Bearish mode again while Industrial Sector surprisingly turned Bullish. It looks like the entire market of Malaysia is not that Bearish after all. 

Sectors Those Turned Bearish In Sequence : (update weekly)  
1st : Construction Index
2nd : Industrial Products Index
3th : Plantation Index 
4th : Composite Index (KLCI) 
5th : Finance Index 
6th : Industrial Index 
7th : Trading And Services Index 
8th : Consumer Index 

Sectors Turned Bullish In Sequence : (update weekly) 
1st : Property Index 
2nd : Industrial Index
  
Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html
 

SEOUL Turned Bearish & Jakarta Going Strong

DOW JONE = Bullish ( It is near all time high )

NASDAQ = Bullish ( It is near all time high )
S&P 500 = Bullish ( It is near all time high ) 

 

FTSE (England) = Bullish

DAX (Germany) = Bullish    CAC 40 (France) = Bullish 
  HANG SENG = Bullish
SHANG HAI = Bullish NIKKEI225 = Bullish
SEOUL = Bearish
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish       
Jakarta Composite Index = Bullish ( ALL TIME HIGH and GOING STRONG)  
KLCI = Bearish
  
I did not update last week and it turned out SEOUL Composite Index turned Bearish making there are only two markets in bearish mode ; SEOUL and KLCI. 
Jakarta Composite Index is still going strong making all time high. 


Sectors With All Time High : (update weekly)
Jarkarta Composite Index 


Sectors Turned Bearish : (update weekly) 
KLCI 
SEOUL Composite Index


Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html
  

Contrast - Jarkata Old Time High & KLCI Bearish

DOW JONE = Bullish ( It is near all time high )

NASDAQ = Bullish ( It is near all time high )
S&P 500 = Bullish ( It is near all time high ) 

FTSE (England) = Bullish

DAX (Germany) = Bullish   
CAC 40 (France) = Bullish 
 
HANG SENG = Bullish
SHANG HAI = Bullish
NIKKEI225 = Bullish
SEOUL = Bullish
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish     
Jakarta Composite Index = Bullish ( ALL TIME HIGH )
KLCI = Bearish 

What can I say? Global markets are all Bullish with Jakarta Composite Index broke recent high making it in all time high (The only one with all time high too). As we can see, KLCI is the only stock market in Bearish mode obviously due to the uncertainty of upcoming general election. 

Jakarta Composite Index and Kuala Lumpur Composite Index are next to each other, YET one with all time high and one into the red! 

Sectors With All Time High : (update weekly)
Jarkarta Composite Index 


Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html
  

Bursa Malaysia Back To Bearish Again

color=red>Composite Index (KLCI) = Bearish ( Confirmed Bearish This Week )

1. Construction Index = Bearish 
2. Consumer Index = Bullish  
3. Finance Index = Bearish ( Confirmed Bearish This Week )
4. Industrial Index = Bullish ( Confirmed Bearish This Week )
5. Industrial Products Index = Bearish
6. Plantation Index = Bearish
7. Property Index = Bullish
8. Technology Index = Bearish
9. Trading And Services Index = Bearish ( Confirmed Bearish This Week )

There are four more sectors turned Bearish this week; KLCI, Finance Index, Industrial Index and Trading & Services Index. It is obvious Malaysia stock market is very Bearish. Almost all sectors are in bearish mode except Consumer Index and Property Index. 

Sectors Those Turned Bearish In Sequence : (update weekly)  
1st : Construction Index
2nd : Industrial Products Index
3th : Plantation Index 
4th : Composite Index (KLCI) 
5th : Finance Index 
6th : Industrial Index 
7th : Trading And Services Index  

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out : http://gpmma.blogspot.com/2012/11/gpmma.html