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 = Bearish
7. Property Index = Bullish ( Leader )
8. Technology Index = Bearish
9. Trading And Services Index = Bullish (ALL TIME HIGH AT 209)
Despite the worry and tension building up upon announcement of parliament resolution making KLCI swinging for 60 points in one day on 3 April 2013, KLCI still ended up in Bullish mode.
We just have to stick to technical analysis for direction when trading and investing, "opinion" and "thinking" are always wrong.
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
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
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