Composite Index (KLCI) = Bullish ( Hit All Time High at 1826.22 )
1. Construction Index = Bullish
2. Consumer Index = Bullish ( Broke All Time High )
3. Finance Index = Bullish ( Broke All Time High )
4. Industrial Index = Bullish ( Broke All Time High )
5. Industrial Products Index = Bullish ( Broke All Time High )
6. Plantation Index = Bullish
7. Property Index = Bullish ( Leader ) ( In All Time High )
8. Technology Index = Bullish
9. Trading And Services Index = Bullish ( In All Time High )
Malaysian stock markets finally followed the world plunging in all sectors. KLCI dropped 32 points at one point to 1742.87 on Thursday. This correction is normal considered that the market has been bullish. With GPMMA remains Bullish, KLCI is here to stay.
Sectors Turned Bullish In Sequence : (update weekly)
1st : Property Index
2nd : Industrial Index
3rd : Consumer Index
4th : Finance Index
5th : Trading & Services Index
6th : Composite Index
7th : Construction Index
8th : Industrial Products Index
9th : Plantation Index (11 April 2013)
Sectors Made All Time High In Sequence : (update weekly)
1.st : Trading & Services Index
2nd : Property Index
3rd : Consumer Index
4th : Finance Index
5th : Industrial Index
6th : Industrial Products Index
( Note : 3rd , 4th , 5th & 6th broke new high together )
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
No comments:
Post a Comment