It’s finally the weekends and I can finally update myself on the market movements! So while in camp I heard about how STI breached 3500 and I was honestly taken by surprise. I didn’t expect 3461 to be breached so soon without first re-testing the support line. Looking at the chart..Going forward, we’re look at 3650 to be tested next where the new resistance is at. We’re approaching the 07-08 high of 3900. It will definitely be a major resistance point because that was the previous tipping point before it crashed through to the lows in 08-09. Review of STI Outlook: 15 Feb 2015 So it turns out I was right about STI having to come down to take a breather, “supported by some signs of divergences and weakness by the technical indicators in the daily chart.” I however did not anticipate the move to be so short-lived and ......