Saturday 12 October 2013

Sideways , Wait & See

Composite Index (KLCI) = Bullish 
1. Construction Index = Bullish 
2. Consumer Index = Bearish 
3. Finance Index = Bearish 
4. Industrial Index = Bullish 

5. Industrial Products Index = Bullish ( ALL Time High ) 
6. Plantation Index = Bullish 
7. Property Index = Bearish
8. Technology Index = Bullish 
9. Trading And Services Index = Bullish 

There is no change in market condition. The number of Bullishness and Bearishness are the same. Malaysian stock market depends very much on the direction of US market. We have to monitor closely.

Sectors In All Time High : (updated weekly) 
1st : Industrial Product Index

Sectors Turned Bullish In Sequence : (updated weekly) 
1st : Industrial Products Index (13 Sept 2013) 
2nd : KLCI (20 Sept 2013) 
2nd : Industrial Index (20 Sept 2013) 
2nd : Plantation Index (20 Sept 2013) 
2nd : Technology Index (20 Sept 2013) 
2nd : Trading And Services Index (20 Sept 2013) 
3rd : Construction Index (1 Oct 2013) 


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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