NASDAQ = Bullish
S and P 500 = Bullish ( Broke ALL TIME HIGH ) DAX (Germany) = Bullish (Backed To Bullish This Week)
CAC 40 (France) = Bullish (Backed To Bullish This Week)
HANG SENG = Bearish
SHANG HAI = Bearish
NIKKEI225 = Bullish (Backed To Bullish Again)
SEOUL = Bearish
STRAITS TIMES = Bearish
TAIWAN WEIGHTED = Bullish (Backed To Bullish Again)
Jakarta Composite Index = Bearish
KLCI = Bullish
Newly added - ASX ( Australia All Ordinary Shares Index ) = Bullish (Backed To Bullish Again)
Newly added - BSE 30 ( Sensex - Bombay ) = Bullish (Backed To Bullish Again)
7 Markets Turned Bullish this week. FTSE100 , DAX , CAC , NIKKEI225 , TAIWAN WEIGHTED INDEX , ASX & BSE. Global markets are Bullish, there is no doubt about it. We really have to own some stocks disregard investor or trader (market timer) before missing the board.
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
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