Uptrend
It looks like the correction has completed and the STI is starting the Major Wave 3 (blue), going upwards. There is still the possibility that the correction could drag on to form a longer or deeper Major Wave 2 (blue). The impact of the global tariffs and the potential Big Beautiful Bill is still uncertain. If the impact is seen to be negative, the STI could plunge. It is typical that a second wave will drop 61.8% of a first wave.