Over the past 4 years i have been working to develop a system that can predict weekly moves tracking all companies listed in the ASX100.
I have refined this now to the point where i get on average an accuracy rate of 95.65%
With percentage gains averaging 1.62% per company per week.
Tonight i will list the companies which have triggered BUY in the system based on last weeks date.
The only rule of the system is to buy on the open of monday morning, and either sell at the close of friday , or sell when your stock gain reaches a level where you want to take profits.
Of the 23 buy signals i got last week, only 1 was not successful. Resulting in a -2.31% loss if you held until the close on friday, but profits were there during the midweek.
So basically the system can predict stocks which are going to end the week in a positive. But not by how much , so you will still need to bring you own risk management to the table.