NASDAQ = Bullish
S&P 500 = Bullish ( Broke ALL TIME HIGH ) DAX (Germany) = Bullish
CAC 40 (France) = Bullish
HANG SENG = Bullish
SHANG HAI = Bearish ( Turned Bullish This Week )
NIKKEI225 = Bullish
SEOUL = Bearish
STRAITS TIMES = Bullish
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
3rd : S&P500 Index
Index In Bearish Mode : (update weekly)
Nil
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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