The Singapore Straits Times Index ( STI ) Daily Diagram Training shows the following:
The STI index has made a correction decline last two weeks and it reacted exactly on 50 last Friday. There are several golden crosses on yellow circle in April that give a sense of market. The 50 crossed 100 & 200 and 100 crossed 200 too.
completed the negative divergence and now has an uptrend return above the zero line. > 50.
The fib has a 2.618 level of resistance. Long for it. Stop loss under the 50.