Saturday 2 November 2013

Bullish Globally Might Continue

DOW JONE = Bullish 
NASDAQ = Bullish 
S and P 500 = Bullish

FTSE 100 (England) = Bullish 
DAX (Germany) = Bullish 
CAC 40 (France) = Bullish - divergent 
HANG SENG = Bullish - divergent 
SHANG HAI = Bullish - divergent
NIKKEI225 = Bullish - divergent
SEOUL = Bullish - divergent
STRAITS TIMES = Bullish 
TAIWAN WEIGHTED = Bullish - divergent 
Jakarta Composite Index = Bullish 
KLCI = Bullish 
ASX ( Australia All Ordinary Shares Index ) = Bullish - divergent 
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bullish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish - divergent 

All of the aboves are still in Bullish Mode. Based on the general sentiment of fearing the high, the market could be continue to the upside.

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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