Continued from STI Analysis -- the next peak and trough ? (19)
In the previous analysis, it was mentioned STI needs to move above 3338 to confirm the present correction which started in late January 2018 finally ended. STI closed 3297.83 on 20th Jul 2018 still some 40+ points away from the confirmation but some interesting facts have developed since hitting the bottom of 3176.26 on 6th Jul 2018.
The above chart is a reproduction (and addition detail) of the one that was posted on 12th Jul 2018 (refer previous analysis).
On 6th Jul 2018 I posted live (refer here) of a possible bottom after seeing STI hit 3176 and rebound from that. Well should that eventually be the bottom, it is not TA (or Elliott Wave) told me so but rather my instinct or 6.5th sense. Sometime if you are in the ......