Minor congestion

STI has done little change in its movement today. It did a minor retracement of yesterday's move. However, it did not attempt to cover the gap created yesterday. This is something that I find much relief of. However, it is important to note that in case STI wants to come back to cover the gap, a full cover would spell weakness in this index.

Art present moment, I am still bullish on the index for the short term, especially when today's move is met with very low transaction.