Saturday, 6 April 2013

3 Markets In Bearish Mode This Week

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S&P 500 = Bullish ( It is near all time high

FTSE 100 (England) = Bullish
DAX (Germany) = Bullish       
CAC 40 (France) = Bullish
HANG SENG = Bearish
SHANG HAI = Bearish (Turned Bearish This Week) 

NIKKEI225 = Bullish
SEOUL = Bearish (Turned Bearish This Week)

TAIWAN WEIGHTED = Bullish             
Jakarta Composite Index = Bullish   
KLCI = Bullish ( Backed to Bullish Again ) 

There are two countries turned Bearish this week namely Shang Hai Index and Seoul Index making 3 markets are in Bearish Mode.

Jakarta Composite Index appeared toppish where MACD is in divergent with the index. 

Index With All Time High : (update weekly)  
1st : Jarkarta Composite Index 
2nd : Dow Jone Industrial Average Index 

Index In Bearish Mode : (update weekly)
Hang Seng Index 
Shang Hai Index 
Seoul Index 

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

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