NASDAQ = Bullish
S and P 500 = Bullish DAX (Germany) = Bullish
CAC 40 (France) = Bullish
HANG SENG = Bullish
SHANG HAI = Bearish
NIKKEI225 = Bearish ( Turned Bearish This Week )
SEOUL = Bearish (Turned Bearish This week)
STRAITS TIMES = Bearish
TAIWAN WEIGHTED = Bearish
Jakarta Composite Index = Bearish
KLCI = Bearish ( Turned Bearish This Week )
ASX ( Australia All Ordinary Shares Index ) = Bullish
BSE 30 ( Sensex - Bombay ) = Bearish
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bearish
Four markets turned Bearish this week, Dow Jone , Nikkei225 , Seoul and KLCI. It looks like more and more markets turning Bearish. This could mean a 'Storm' ahead of us. BEWARE! We should not at least add position to our investment.
I also added two more markets namely PSI (Philipines Stock Exchange Index) and TSEC (Thailand Stocj Exchange Weighted Index). They both showed Bearish based on GPMMA.
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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