3 More Indexes Turned Bearish This Week

DOW JONE = Bullish

NASDAQ = Bullish 

S and P 500 = Bullish

FTSE 100 (England) = Bearish ( Turned Bearish This Week On 31 Jan 2014 ) 

DAX (Germany) = Bullish 

CAC 40 (France) = Bullish 

HANG SENG = Bearish 

SHANG HAI = Bearish 

NIKKEI225 = Bullish

SEOUL = Bearish 

STRAITS TIMES = Bearish 

TAIWAN WEIGHTED = Bullish 

Jakarta Composite Index = Bullish

KLCI = Bearish ( Turned Bearish This Week On 27 Jan 2014 ) 

ASX ( Australia All Ordinary Shares Index ) = Bearish ( Turned Bearish This Week On 30 Jan 2014 ) 

BSE 30 ( Sensex - Bombay ) = Bullish 

Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 

Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish

Three indexes further turned Bearish this week namely FTSE 100, KLCI and ASX. It also looks like US stock market will be turning Bearish based on GPMMA by next week. I would liquidate some of my shares to reduce my position since more indexes tuning Bearish.

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