I'm not going to pinpoint exactly where STI will bottom for the current crisis but rather narrow down all the possibilities so that it will be easier to strategize. In order to do that will have to rely on Technical Analysis (TA).  Normally, as a long term fundamental investor using TA doesn't make any sense but when it comes to the big trend, TA cannot be totally ignored.  This is so because I could adjust my portfolio to cushion for the big crash (detecting possible peak of the bull market) and conduct appropriate financial planning for bargain hunting in depressed level. Above is the STI chart from the peak in April 2015 till 26th Jan 2016.  Elliott Wave was used as can be seen from the chart.  The big fall will consist of 3 waves (A, B, C).  Wave A already completed and so as Wave B and we are ......