Friday, March 28, 2008

STI KST Chart


The KST cut above its 8 day exponential average on 26 Mar. Based on historical pattern, this is a bullish sign.
Looking back at the chart, the last time this happened was on Feb 14 08 and the index went from 2949 to 3098. A 5% up move in 5 days.

1 comment:

Anonymous said...

Hi
I tested the KST against the DJI, S&P500, HSI and STI. I tried various combinations which proved to be quite taxing as there were so many combination sets. I was mainly trying to get it to work on a shorter term basis (3 to 12 days). Finally found a combination that seems to work ok although it did not work superbly well.
I then tested it with data from Jul07 til today for the short side only to test its effectiveness during a downturn. The big drawdown and loss period was during the mid-Aug recovery which was fairly high but thereafter it weathered Nov and Jan quite well. Had a gain of about 11% with a win rate of 68%.
Again thanks for your sharing of the various systems.

hoong5

STI Sideway To Bearish Tone

US market had a bad closing last night.  Dow plunged by 243 points.  It seems like we are seeing more volatility recently.  With earnings...