Continued from STI Analysis -- the next peak and trough ? (17) As STI continued to search for bottom that raise the possibility of another scenario from happening apart from the Scenario 1 and 2.1 mentioned previously.  Technically, the new scenario is not a new one but rather an old scenario in my past analysis.  It was actually the first scenario that came to my mind when STI entered correction in February (STI Analysis -- the next peak and trough ? (IV)).  I'll shall denote this as Scenario 3 now. The blue-colored Fibonacci Retracement level is for both Scenario 1 and 2.1 in which STI is in Primary degree Wave 3 Intermediate degree Wave 4 correction.  The red-colored Fibonacci Retracement level is for Scenario 3.  In this scenario, STI is in Primary degree Wave 3 Intermediate degree Wave 2 correction. I have rule ......