Saturday, 25 May 2013

Shang Hai Composite Index Backed To Bullish

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
SHANG HAI = Bearish ( Turned Bullish This Week )

NIKKEI225 = Bullish
SEOUL = Bearish 

TAIWAN WEIGHTED = Bullish             
Jakarta Composite Index = Bullish (Continue Made New All time High)
KLCI = Bullish ( Backed to Bullish Again ) 

This is the first time all the above indexes in Bullish mode after Shang Hai Composite Index finally turning Bullish. It looks like the market is over heated now. The Friday plunge of some markets like Nikkei, STI & FTSE etc. are quite normal.

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)

Note : I am using GPMMA (Guppy Multiple Moving Averages) for the above analysis. For more information, please check out :

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