The STI resumes UPTREND in the short term from the long signal at 170322 at 3299. A break of the weekly pivot at 3442 to the upside will confirm a bullish multiple uptrend scenario that may test 3641.
LONG TERM UPTREND since 010321
MEDIUM TERM PULLACK since 280222
SHORT TERM UPTREND since 170322
PIVOT 3296
Long positions above 3296 for 3442 and 3641
Short positions below 3296 for 3251 and 2814
10 components of the STI are now in a multiple time frame UPTREND
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