Right timing

(Nov 29): Chart 1: STI with moving averages and momentum

(Nov 22): The Straits Times Index fell to a lot of 3,192 on Nov 21, below the 100- and 200- day moving averages at 3,203 and 3,228 but above the 50-day moving average which is rising and currently at 3,172.

SINGAPORE (Nov 16): The Straits Times Index peaked temporarily at 3,285, before retreating. At its current level of 3,238, the index has stayed above the 200-day moving average at 3,227 and the 100-day moving average at 3,208.

(Nov 8): Although the Straits Times Index retreated on Nov 8, the rally should be able to resume. On Nov 2, the index had broken above its 200-day moving average at 3,226 accompanied by expanding volume.

SINGAPORE (Nov 1): The Straits Times Index is testing and challenging its 200-day moving average at 3,225. While volume expanded, it remains to be seen if it is sufficient to trigger a clear breakout in the immediate term.

SINGAPORE (Oct 25): Quarterly momentum continues to rise, and this trend is set to persist till momentum approaches its equilibrium line.

SINGAPORE (Oct 21): Although the Straits Times Index rose just one point in the Oct 14-18 trading sessions, the index tested the 50-day moving average and attempted to move above it.

SINGAPORE (Oct 4): The Straits Times Index is approaching its Aug 28 low of 3,056 as short- and medium-term indicators are becoming increasingly oversold. Quarterly momentum is at a one-year low. This could provide some support in due course. In the immed

SINGAPORE (Sept 27): The decline, following a test by the Straits Times Index of the confluence of the 50-, 100- and 200-day moving averages at 3,216 to 3,244 range, is likely to continue. Quarterly momentum is likely to continue declining and has yet to

SINGAPORE (Sept 7): Overall, strength could be returning to the markets, as evidenced by the rebound by the Straits Times Index accompanied by an expansion in volume on white candle days. Quarterly momentum rebounded and is attempting to break above its e