STI comments

Last week, we had a 3-day trading week. The STI rose 74.11 points on
a weekly basis, and caused many investors to miss the boat.
Overall volume last week was low compared to the previous week. The
short-term uptrend could be a rebound rather than a valid change of
trend on the medium-term basis.
Last Friday, the STI attempted to break above the day’s high of the 66-
point decline. The high of the 66-point decline has turned into the
resistance for now.
This week, the STI should try to hold on to its gain for last week and
remains volatile as the trading volume increases. Exposure should
remain low.