Saturday, 13 April 2013

S&P500 In All Time High But Weakness Ahead

DOW JONE = Bullish ( It broke ALL TIME HIGH )
NASDAQ = Bullish 
S&P 500 = Bullish (Broke All Time High This Week)

FTSE 100 (England) = Bullish
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)

TAIWAN WEIGHTED = Bullish             
Jakarta Composite Index = Bullish   
KLCI = Bullish ( Backed to Bullish Again ) 

S&P500 broke all time high this week registered the high at 1597.35 on Friday. But there is sign of weakness based on the downward moves of MACD. D Jones Index and Nasdaq too.

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)
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 :

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