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 (This turned Bullish, Finally)
7. Property Index = Bullish ( Leader )
8. Technology Index = Bearish
9. Trading And Services Index = Bullish (ALL TIME HIGH AT 209)
Plantation Index finally turned Bullish this week remaining only Technology Index in Bearish Mode. I guess there a lot potential for plantation linked stocks since the index has just came out from bearish.
KLCI is in all time high now. If you already own some stocks, congratulation! If you still do not hold enough, it is high time to look for some good stocks and buy when KLCI is in correction.
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
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