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

All Sectors Are Bullish But Can Property Sector Hold?

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 = Bullish ( Turned Bullish This Week ) 

8. Technology Index = Bullish 

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

Property Index finally turned Bullish this week making all sector indexes are in Bullish mode with Industrial Products Index and Trading & Services Index in All Time High. 

A word of concern : With Real Property Gain Tax increased next year announced by Prime Minister Datuk Seri Najib Razak, can property sector index hold strong? We have to see for coming week. 

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 

Markets Bullish Despite Worldwide Worry

DOW JONE = Bullish ( Turned Bullish This Week Again ) 
( Note : I made a mistake that DJIA actually turned Bearish Last week) 

NASDAQ = Bullish 

S and P 500 = Bullish

FTSE 100 (England) = Bullish ( Turned Bullish This Week ) 

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

Last two indexes I monitor turned Bullish this week ; Jakarta Composite Index and Phillipines Stock Exchange Index, making the global markets totally in Bullish Mode. Despite the worry on the potential of US credit default, markets as usual give us a surprise and head the opposite direction. As a trader or investor, we have to follow the numbers not the feelings.

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

Two More Sectors Turned Bullish

Composite Index (KLCI) = Bullish 
1. Construction Index = Bullish 
2. Consumer Index = Bullish ( Turned Bullish This Week ) 
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 

Malaysia stock market performed better than expected. There are two more sectors turned Bullish based on GPMMA this week ; Consumer Index and Finance Index.
Sometimes, we just have to look at the numbers instead of believing or feeling the direction of markets. Numbers don't lie, we do.
It looks like the market could head for a new high. I know many well known analysts were Bearish the over all market. In fact, some even raise 100% cash. Just wait and see how it goes.

Sectors In All Time High : (updated weekly) 
1st : Industrial Product 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)

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 

US Political Clowns Continue, Uncertainty Continue

DOW JONE = Bullish 

NASDAQ = Bullish 

S and P 500 = Bullish

FTSE 100 (England) = Bearish 

DAX (Germany) = Bullish 
CAC 40 (France) = Bullish
HANG SENG = Bullish 
SHANG HAI = Bullish 
NIKKEI225 = Bullish
SEOUL = Bullish
STRAITS TIMES = Bullish 
TAIWAN WEIGHTED = Bullish
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) = Bullish 

DJIA rebounded strongly in the last two session to 15237.11 with 517 points grain from the low. The rebound is limited as the MACD is still in divergent with DJIA. Further, with the US Political Show continue, the uncertainty continue.

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

Sideways , Wait & See

Composite Index (KLCI) = Bullish 
1. Construction Index = Bullish 
2. Consumer Index = Bearish 
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 

There is no change in market condition. The number of Bullishness and Bearishness are the same. Malaysian stock market depends very much on the direction of US market. We have to monitor closely.

Sectors In All Time High : (updated weekly) 
1st : Industrial Product 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) 

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 

FTSE 100 In Bearish , DJIA Is Joining Soon

DOW JONE = Bullish 

NASDAQ = Bullish 

S and P 500 = Bullish

FTSE 100 (England) = Bearish (Turned Bearish This Week) 

DAX (Germany) = Bullish 
CAC 40 (France) = Bullish
HANG SENG = Bullish 
SHANG HAI = Bullish 
NIKKEI225 = Bullish
SEOUL = Bullish
STRAITS TIMES = Bearish 
TAIWAN WEIGHTED = Bullish
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) = Bullish 

FTSE 100 (England) is backed to Bearish again. It looks like DJIA is weakening fast. The overall global markets are gloomy and would be joining the two markets very soon. The 'US Political Show' of shutting down the federal government is actually worrying with also the US government debt of reaching USD$17 Trillion, we just have to be ready for the sudden plunge in financial market worldwide.

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

Weakness Ahead : Finance Index Backed To Bearish

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

To my surprise, Finance Index is back to Bearish again. The bullishness only last for a week. This is not good actually indicating the weakness ahead. Finance Sector is always the early indicator for the direction of the entire market. The coming week is crucial.
Construction Index turned Bullish this week.

Sectors In All Time High : (updated weekly) 
1st : Industrial Product 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) 

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