Saturday, 28 December 2013

Both Bullish & Bearish Global Indexes Are Equal

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 = Bearish ( Turned Bearish on 20 Dec 2013 ) 
NIKKEI225 = Bullish
SEOUL = Bearish 
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish (It is has been Bullish since 2 Dec 2013) 
Jakarta Composite Index = Bearish 
KLCI = Bullish 
ASX ( Australia All Ordinary Shares Index ) = Bearish  
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bullish

Shang Hai Composite Index made a 'U' turned and backed to Bearish Mode again.
8 out of 16 global indexes are Bullish meaning that both Bullish and Bearish indexes are equal. The market is still a mixed picture for now. Wait and see seems the only way for now.

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

Technology Sector Turned Bearish This Week

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 = Bearish ( Turned Bearish This Week on 23 Dec 2013 ) 
9. Trading And Services Index = Bullish ( All Time High ) 

The Bullishness continued this week for Malaysia Stock Market just like the US Stock Market. Except one sector ; Technology turned Bearish this week. Despite the turning, it looks ok.


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 

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

And Again Nothing Change For KLCI

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 = Bullish 
9. Trading And Services Index = Bullish ( All Time High ) 

Yet again, nothing changed for this week in terms of market condition with KLCI hit all time high of 1851.94. It is obvious being pushed by the blue chips (the 30 component stocks). As long as more sectors are still in Bullish Mode, we are ok. I honestly feel nervous with the high getting higher, many people do. But till the market shows otherwise, we have to stay with it.

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 

Saturday, 14 December 2013

More & More Indexes Turned Bearish

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 ( Turned Bearish This Week On 10 Dec 2013 ) 
HANG SENG = Bullish
SHANG HAI = Bullish 
NIKKEI225 = Bullish
SEOUL = Bearish ( Turned Bearish This Week on 13 Dec 2013 ) 
STRAITS TIMES = Bearish ( Turned Bearish This Week on 4 Dec 2013 ) 
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) = Bearish 

CAC 40 (France), Seoul Index and Straits Times Index turned Bearish this week. It looks like more and more indexes turning Bearish. Just watch out!

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

Year End Traditionally Bullish

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 = Bullish 
9. Trading And Services Index = Bullish ( All Time High ) 

There is no change in terms of market condition for Malaysia stock market with only Construction Index and Property Index are in Bearish Mode. Year end is near, markets traditionally are Bullish. Let's see.

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 

Saturday, 7 December 2013

FTSE & STI Turned Bearish - It is getting more and more

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

FTSE 100 (England) = Bearish ( Turned Bearish This Week on 5 Dec 2013 ) 
DAX (Germany) = Bullish (All Time High) 
CAC 40 (France) = Bullish
HANG SENG = Bullish
SHANG HAI = Bullish 
NIKKEI225 = Bullish
SEOUL = Bullish
STRAITS TIMES = Bearish ( Turned Bearish This Week on 4 Dec 2013 ) 
TAIWAN WEIGHTED = Bearish 
Jakarta Composite Index = Bearish 
KLCI = Bullish 
ASX ( Australia All Ordinary Shares Index ) = Bullish
BSE 30 ( Sensex - Bombay ) = Bullish 
Newly Added - PSI (Philipines Stock Exchange Index) = Bearish 
Newly Added - TSEC (Thailand Stock Exchange Weighted Index) = Bearish 

FTSE 100 (England) and STI (Singapore) turned Bearish this week, It looks like more indexes are joining the Bearish bandwagon. Let's see. Beware.

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

Finance Index Backed To Bullish Again

Composite Index (KLCI) = Bullish 
1. Construction Index = Bearish 
2. Consumer Index = Bullish 
3. Finance Index = Bullish ( Turned Bullish This Week ) 
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 ( All Time High ) 

Finance Index backed to Bullish again. But it doesn't look strong. Plantation sector remains strong. The rest of indexes are the same. I guess year end traditionally are at Bullish side

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 

Saturday, 30 November 2013

TSEC Rebounding And US Europe Remains Bullish

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

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

There are no changed in terms of the market condition. TSEC is rebounding strongly but still not out of the wood yet. The coming week might see some changes.

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) 

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

Construction Index Joint Finance & Property Sector Turned Bearish

Composite Index (KLCI) = Bullish 
1. Construction Index = Bearish ( Turned Bearish This Week ) 
2. Consumer Index = Bullish 
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 ( All Time High ) 

The Construction Index turned Bearish this week. It is understandable given the Finance Index & Property Index are already in Bearish mode. They are closely related. The rest are still resilient. The coming week and towards the year end is important.

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 

Saturday, 23 November 2013

Two More Asian Markets Turned Bearish

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

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

This week, two more Indexes joint the Bearish bandwagon namely Taiwan Weighted Index and Thailand Stock Exchange Weighted Index. However, Shang Hai Composite Index was back to Bullish mode.
It looks like more Asian markets would join the Bearish bandwagon soon.

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) 

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

Plantation Companies Worth To Look At

Composite Index (KLCI) = Bullish 
1. Construction Index = Bullish 
2. Consumer Index = Bullish 
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 ( All Time High ) 

One important sector to mention this week ; Plantation Index has reached all time high and made the high of 9074.15.(CPO price closed at 2640 on Friday). The previous high was 8953.90 registered on 14 Feb 2012. (CPO price then was 3205). It looks like there are more room to grow for Plantation Index.

The other indexes condition remain.


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 

Sunday, 17 November 2013

Three Indexes Turned Bearish This Week

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

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

True enough, there are three stock markets turned Bearish this week namely Shang Hai Composite Index, Jakarta Composite Index and Philipines Stock Exhange Index despite Dow Jones Industrial Average (DJIA) and S&P 500 reached all time high. This could mean Asian markets are weak. It looks like more will join the Bearish Mode soon.

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) 

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

Property Sector Over Heated?

Composite Index (KLCI) = Bullish 
1. Construction Index = Bullish 
2. Consumer Index = Bullish 
3. Finance Index = Bearish ( Turned Bearish This Week ) 
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 ( All Time High ) 

Finance Index turned Bearish this week making it two sector indexes are in Bearish Mode ; Finance Index and Property Index. These two sectors are closely related and it is obvious that property market is over heated. A cooling down is necessary. Further more, there is general believe that interest globally is on the rise.

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 

Saturday, 9 November 2013

So Far So Good Globally

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 

There is no change in terms of market condition globally. All of the above indexes are still Bullish based on GPMMA. The 'divergent' situation remains making it the potential correction. Let's see

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

Watching & Waiting - Malaysian Stock Market

Composite Index (KLCI) = Bullish 
1. Construction Index = Bullish 
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 = Bullish 
9. Trading And Services Index = Bullish ( All Time High ) 

There is no change in Malaysian stock market condition. It has been a sideways for the past week. Based on the weakening MACD, I am more towards Bearish in the near future.

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 

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

Property Index Backed To Bearish Again

Composite Index (KLCI) = Bullish 
1. Construction Index = Bullish 
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 ( Backed To Bearish This Week Again ) 
8. Technology Index = Bullish 
9. Trading And Services Index = Bullish ( All Time High ) 

Property Index is making the headline again. It is back to Bearish Mode again. Government policy plays a very important role in the direction of indexes. In this case, an increase in real property gain tax would immediately caused the plunge in property sector.

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 

Sunday, 27 October 2013

8 Indexes In Divergent Between Indexes & MACD

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 

Global markets are all in the blue. None of the country I monitor is in Bearish.
This week I am looking at using Divergent theory between the index and MACD. In other words, I am using this theory to find out the potential correction ahead of us. As you can see from the above, there are 8 indexes out of 18 currently in divergent between the indexes and MACD.

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