Uncertainty and Volatility to persist in STI. STI experienced a volatile week last week as economic news were affecting the market sentiment. First, news of Spain requiring a bailout package shook the market during the early week. This caused STI to open the week with 33pts lower and hitting as low as 2973 level. Despite expectations for STI hitting as low as 2950 level, STI refused to test that level during the week. This was partially due to the positive comments by both US and China leaders on the possibility of stimulus. Therefore, STI managed to recover from the weeks low and close at 2998 level for the week. STI ended 17.04pts lower for the week. Last Friday, DJI managed to climb 187.73pts. Will STI be able to head higher? Has STI completed its retracement last week? Let’s look into STI’s chart. Trend: Uptrend, 20ma poise up, MacD ......