NASDAQ = Bullish
S&P 500 = Bullish ( It is near all time high ) 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 and GOING STRONG)
KLCI = Bearish
What can I say? Numbers (Charts) said it all. We are in a Bullish mode globally. Dow Jone broke all time high without hesitation. I initially thought based on the weakness of MACD Indicator Dow Jone Index and Nikkei 225 would at least make a correction then continued the surge. Obviously, they did not. This is just to show the Bullishness of the entire market globally.
Index With All Time High : (update weekly)
1st : Jarkarta Composite Index
2nd : Dow Jone Industrial Average Index
Index In Bearish Mode : (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
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