US infection cases increases, short selling increases, is STI implicated? We can be certain that STI will fall because of the shaken markets in the US indices, which have fallen back to close to 3000 levels (critical support). However, the issue right now is how affected would STI be in the coming week, and will it take the opportunity to retrace back to 2500-2550 or proceed to climb higher? My take is that STI has already be excluded from the recent rallies therefore we should be only experiencing a minor fall in the index. Otherwise, STI might be in for a further downtrend if the support at 2500 does not hold. STI – Updated Daily Chart STI is approaching lower bands of the parallel channel STI has not sustained its position in the middle of the parallel channel. At the moment, it is likely for STI to head down to the light green line before bouncing....