Saturday 11 January 2014

Technology Sector Is Strong

Composite Index (KLCI) = Bullish 
1. Construction Index = Bearish 
2. Consumer Index = Bullish 
3. Finance Index = Bullish 
4. Industrial Index = Bullish 
5. Industrial Products Index = Bullish ALL Time High ) 
6. Plantation Index = Bullish 
7. Property Index = Bearish 
8. Technology Index = Bullsih ( Backed To Bullish Again on 31 Dec 2013 ) 
9. Trading And Services Index = Bullish ( All Time High ) 

This week, Technology Sector has been performing very well. It looks there are more technology counters would continue the rally. The rotational play is always the case. The rest of the sectors are the same with Finance Sector might turn Bullish in coming week. 

Sectors Turning Bearish In Sequence : (Updated Weekly)
1st Finance Sector 
2nd Property Sector (15 Nov 2013) 

Sectors In All Time High : (updated weekly) 
1st : Industrial Product Index
2nd : Trading And Services 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) 
4th : Finance Index (17 Oct 2013) 
5th : Consumer Index (18 Oct 2013)
6th : Property Index (21 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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