STI buck regional trend yesterday as STI managed to close slightly higher than 3420 resistance level. Sentiment was positive yesterday as market participants were positive about Singapore’s economic situation as the government made various decisions last week. The day started with a slight gap up action which helped STI to open at 3398 level. There was some selling pressure initially but it only managed to hit a low of 3394 level. Buyers entered the market gradually during the day despite bearishness seen in the regional market. The bullish strength lasted till closing time where it have trouble breaking 3420 level. However, at closing time, STI closed at 3423.35 level. A total of 32.15pts was gained yesterday. Last night, DJI gained 196.09pts, recovering its losses. Many were wary of yesterday’s gains as STI correlate with regional sentiment. Can STI sustain its gains today? ...