All short, medium and Long term trend time frames of the STI are pointing up after the breakout of 3108 on the monthly Supertrend line. The STI is now on wave 3 of the daily buy signal issued on 041120 at 2506. The current upside target will be at 3188 that coincides with the supertrend break on the weekly charts on 150519 and 3406 on 050218 respectively.
PIVOT 3076 Long positions above 3076 target 3188 3406 Short positions below 3076 target 3011 2813