MACD Of KLCI Is Heading Downwards

Composite Index (KLCI) = Bullish
 
1. Construction Index = Bullish      
2. Consumer Index = Bullish    
3. Finance Index = Bullish
4. Industrial Index = Bullish         
5. Industrial Products Index = Bullish 
6. Plantation Index = Bullish 
7. Property Index = Bullish ( Leader )    
8. Technology Index = Bearish      
9. Trading And Services Index = Bullish (ALL TIME HIGH AT 209) 

There is nothing change in Malaysia Stock Market condition, I guess everyone is waiting for upcoming 13th general election. However, MACD of KLCI together with other sector indexes is crossing over towards downside. We have to watch very closely in coming week.

Sectors Turned Bullish In Sequence : (update weekly) 
1st : Property Index 
2nd : Industrial Index
3rd : Consumer Index 
4th : Finance Index 
5th : Trading & Services Index 
6th : Composite Index 
7th : Construction Index 
8th : Industrial Products Index 
9th : Plantation Index (11 April 2013) 

Sectors Made All Time High In Sequence : (update weekly) 
1.st : Trading & Services 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