Continued from STI Analysis -- the next peak and trough ? (103) FTSE STI closed 3,361.11 for the week ended 22nd Apr 2022 after hitting a peak of 3,456.09 on 29th Mar 2022. Magenta -- STI Positive There is a little tricky part in this wave count.  The pull back from 3,456.09 on 29th Mar 2022 is it a Minute degree of a zigzag in the Minor wave (v) or has Minor wave (v) (also Intermediate wave ((v)) and Primary wave 1) already completed at 3,456.09 on 29th Mar 2022. Firstly, for the Minute degree zigzag of Minor wave (v), the duration for that doesn't warrant a continue pull back in the coming week.  Secondly, for the case of Primary wave 1 already completed at 3,456.09, Minor wave (v) only lasted for 3 weeks (far less shorter than expected) and the end value of that doesn't surpass Minor wave (iii) (not a rule violation but very uncommon)....