Composite Index (KLCI) = Bearish
1. Construction Index = Bearish
2. Consumer Index = Bearish
3. Finance Index = Bearish
4. Industrial Index = Bearish
5. Industrial Products Index = Bullish ( Turned Bullish Again This Week )
6. Plantation Index = Bearish
7. Property Index = Bearish
8. Technology Index = Bearish
9. Trading And Services Index = Bearish
Malaysian Stock Market following the global market rebounded with only Industrial Products Index turned Bullish. Overall, Bursa Malaysia would stay in this level from now on as the recovery of MACD is not strong at all.
Sectors Turned Bullish In Sequence : (updated weekly)
1st : Industrial Products Index (13 Sept 2013)
Sectors Turned Bearish In Sequence : (updated weekly)
1st : Finance Index
1st : Industrial Index
1st : Plantation Index
1st : Property Index
(The above Indexes turned Bearish all in the same week)
2nd : Construction Index
2nd : Consumer Index
2nd : Industrial Products Index
2nd : Technology Index
2nd : Trading And Services 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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