Saturday, 27 April 2013

Bullish Still Globally

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S&P 500 = Bullish ( Broke ALL TIME HIGH )

FTSE 100 (England) = Bullish
DAX (Germany) = Bearish 
CAC 40 (France) = Bearish
HANG SENG = Bearish

SHANG HAI = Bearish 

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

TAIWAN WEIGHTED = Bullish             
Jakarta Composite Index = Bullish (Continue Made New All time High)
KLCI = Bullish ( Backed to Bullish Again ) 

There is nothing change this week in terms of market condition. Europe stock market rebounded but still in Bearish mode. If the trend continue, we could see DAX (Germany) and CAC (France) turn Bullish in coming week based on GPMMA.

Index With All Time High : (update weekly)  
1st : Jarkarta Composite Index 
2nd : Dow Jone Industrial Average Index 
3rd : S&P500 Index

Index In Bearish Mode : (update weekly)
1st : Hang Seng Index 
2nd : Shang Hai Index 
3rd : Seoul Index 
4th : DAX (Germany) 
5th : CAC 40 (France)  

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

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