Minor Correction
The STI has formed Subwave iii (brown) and has been forming Subwave iv (brown) these two days. If not completed already, it will complete early next week as it is a minor correction. Then Subwave v (brown) will form upwards. These five brown subwaves are really minor subwaves of Subwave i (red) of Wave 3 (red).
It will become clear when I publish the chart next week. Suffice to say that the STI is in for a sustained uptrend over the next few weeks.