
Strong Uptrend
After slightly slowing down last Friday, the STI has risen strongly this week. I have put in the Subwave iii (red) label to show the wave count. But the uptrend may continue next week before the STI forms the Subwave iv (red) corrective wave. The end of Subwave iv (red) will open up buying opportunities, as the STI will then rise up to form Subwave v (red).