Hang Seng Index Is Back

DOW JONE = Bullish ( It broke ALL TIME HIGH )

NASDAQ = Bullish 

S&P 500 = Bullish ( Broke ALL TIME HIGH )

FTSE 100 (England) = Bullish

DAX (Germany) = Bullish 
CAC 40 (France) = Bullish

HANG SENG = Bullish ( Backed To Bullish Again ) 
SHANG HAI = Bearish 
NIKKEI225 = Bullish
SEOUL = Bearish (Turned Bearish This Week)
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish               
Jakarta Composite Index = Bullish (Continue Made New All time High)
KLCI = Bullish ( Backed to Bullish Again ) 

Two things happened last week :
1. Dow Jone , S&P 500 and Jakarta kept making new high
2. Hang Seng Index is backed to Bullish again. It looks like a strong one.

Dow Jone Industrial Index has been up but the MACD is rather weak. It looks like the upside of Dow Jone is limited. Watch up!

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 : Shang Hai Index 

2nd : Seoul 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