Can Property Sector Be The Leader?

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

Malaysian stock market remains bearish with only Industrial Index and Properties Index in Bullish mode. 
Properties Index seems going strong. It might turn out to be a leader in Malaysia stock market. Maybe we could look into property sector for some potential companies. Please refer to chart. 
 

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