Saturday 21 December 2013

DJIA And S&P500 Are In All Time High BUT Not The Rest

DOW JONE = Bullish (All Time High) 
NASDAQ = Bullish 
S and P 500 = Bullish (All Time High)

FTSE 100 (England) = Bearish
DAX (Germany) = Bullish (All Time High) 
CAC 40 (France) = Bearish 
HANG SENG = Bullish
SHANG HAI = Bullish 
NIKKEI225 = Bullish
SEOUL = Bearish 
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bearish 
Jakarta Composite Index = Bearish 
KLCI = Bullish 
ASX ( Australia All Ordinary Shares Index ) = Bearish ( Turned Bearish This Week on 9 Dec 2013 ) 
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish ( It has been Bullish on 2 Dec 2013, I omitted) 

There is no change in terms of Global Market Condition based on GPMMA with Dow Jones and S&P 500 making All Time High. We just have to watch closely from now on. The rest of the Global Markets are not doing that well actually.

Global Market Turning Bearish In Sequence : (Update Weekly) 
1st Shang Hai Composite Index (8 Nov 2013) 
2nd Jakarta Composite Index (13 Nov 2013) 
3rd Philipines Stock Exchange Index (15 Nov 2013) 
4th Taiwan Weighted Index (21 Nov 2013) 
4th Thailand Stock Exchange Weighted Index (21 Nov 2013) 
5th Straits Times Index (4 Dec 2013) 
6th FTSE 100 Index (5 Dec 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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