Saturday 17 August 2013

Technology Sector Is Toppish

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 ( In All Time High ) 
8. Technology Index = Bullish
9. Trading And Services Index = Bullish ( In All Time High )

KLSE is Bullish as always been. All Sector Indexes are Bullish. Property Sector Index maintained well Bullish based on GPMMA. 
One sector worth to mention this week would be the divergent between Technology Sector Index and GPMMA. This could mean a temporary top for this index. See chart for reference. 
 

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 Inde
( 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  


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