
Strong Wave 3
As anticipated in my 27 June blog, the STI has indeed touched 4,100. Its intraday high today was 4102.97. Will it go higher? I believe so. The STI has been having higher highs and higher lows after starting Wave 3 (blue). It is still forming Subwave i of Wave 3. We have yet to see Subwaves ii, iii, iv and v being formed. These would make Wave 3 go much higher. Our hopes for a mega-bull run have been ignited!