Aiya, so many "guru"s making prediction about STI, so naturally I feel tempted to do some "prediction" also lah! :)

Wah, free-fall like waterfall, where is it's 1st stop? 

See below enlarged view:

STI Weekly Chart (10 year):

Note how I do not use Moving Averages indicators on the price bars, simply because they are lagging indicators and NONE of professional traders I know of use Moving Averages to trade. In fact, having them on the screens serve as distractions and noise. That is why I am very surprised that some "guru"s are teaching their (gullible) students/clients to trade relying on 20-40 Moving Averages indicators. But that's not all, the most ridiculous part is on top of the Moving Averages indicator, they still use CCI indicator. Gosh. I really wonder how much money have the students lost because they must be so confused! I ...