NASDAQ = Bullish
S&P 500 = Bullish ( Broke ALL TIME HIGH ) DAX (Germany) = Bearish (Turned Bearish This Week)
CAC 40 (France) = Bearish
HANG SENG = Bearish
SHANG HAI = Bearish
NIKKEI225 = Bearish (Turned Bearish This Week)
SEOUL = Bearish
STRAITS TIMES = Bearish
TAIWAN WEIGHTED = Bearish (Turned Bearish This Week)
Jakarta Composite Index = Bearish
KLCI = Bullish
Newly added - ASX ( Australia All Ordinary Shares Index ) = Bearish
Newly added - BSE 30 ( Sensex - Bombay ) = Bearish
DAX (Germany) turned Bearish this week remaining only US stock market and Malaysia stock market are in Bullish mode. It looks like the last two markets are joining the Bearish bandwagon soon. We have to get ready for the bumpy road ahead. Holding quality stocks is a must when it comes to investing.
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)
1st : ASX ( Australia ) 2nd : Heng Seng ( Hong Kong )
3rd : Straits Time Index ( Singapore )
4th : FSTE 100 (England)
5th : Shang Hai
6th : Seoul
7th : Jakarta
8th : BSE 30
9th : CAC 40 (France)
10th : Nikkie225
11th : Taiwan Weighted 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