
Uptrend?
As tomorrow is a holiday, I am writing this blog today. The STI continued with its uptrend this past week. It lacked strength and could still be a bear market rally. However I have labelled an optimistic wave count, with three minor subwaves formed. Next week there should follow Minor Subwave iv going sideways and Minor Subwave v rising, This should complete Subwave 1. Let us see.