NASDAQ = Bullish
S&P 500 = Bullish ( It is near all time high ) 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)
STRAITS TIMES = Bullish
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 : http://gpmma.blogspot.com/2012/11/gpmma.html
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