Straits Times Index to continue its bullish streak as long as it breaks 3284 level.

Straits Times Index to continue its bullish streak as long as it breaks 3284 level.

The Straits Times Index managed to pull off a bullish week last week after an indecisive start. 15.43pts was gained during the ordeal. The week was seen starting flat as the market was still consolidating. 3255 support level was being tested and it held very well that day. There was rebound attempt on Tuesday but it was just lacking of buyers support. Hence, STI retraced to test 3255 support level again on Wednesday. 3255 support level was holding strongly and refuse to barge. Hence, STI attempted to rebound on Thursday and followed by Friday. Friday’s movement was the most decisive as STI managed to close bullishly with 12.36pts up in a day. With the market turning bullish at the end of the week, STI managed to close at 3278.02 level. Can STI …