Bottom?
The strong surge up this week has signalled that a bottom was reached at the end of last week. This requires a revision of the wave count, starting with a slight shift in the position of the end of Subwave B (red). Admittedly this is unusual, but perhaps admissable under Elliott Wave Principle rules. If the uptrend continues next week, confirming that the STI is forming an impulse wave, we can take the wave count as correct.
A rigid adherence to EWP rules would require an interpretation that the current uptrend is a bear market rally, and that the STI could plunge down next week. This was my interpretation in my blog last week, not expecting the very strong surge this week, which is not typical of a bear market rally.