NASDAQ = Bullish
S&P 500 = Bullish ( Broke ALL TIME HIGH ) DAX (Germany) = Bearish
CAC 40 (France) = Bearish
HANG SENG = Bearish
SHANG HAI = Bearish
NIKKEI225 = Bullish
SEOUL = Bearish (Turned Bearish This Week)
STRAITS TIMES = Bullish
TAIWAN WEIGHTED = Bullish
Jakarta Composite Index = Bullish (Continue Made New All time High)
KLCI = Bullish ( Backed to Bullish Again )
There is nothing change this week in terms of market condition. Europe stock market rebounded but still in Bearish mode. If the trend continue, we could see DAX (Germany) and CAC (France) turn Bullish in coming week based on GPMMA.
Index With All Time High : (update weekly)
1st : Jarkarta Composite Index
2nd : Dow Jone Industrial Average Index
3rd : S&P500 Index
3rd : S&P500 Index
Index In Bearish Mode : (update weekly)
1st : Hang Seng Index
2nd : Shang Hai Index
3rd : Seoul Index
4th : DAX (Germany)
5th : CAC 40 (France)
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