It's Hunting Time?

I want to share with you this piece of interesting observation. Please check out below STI momentum chart, the yellow color highlight line marks the 60 level, and STI rebounded soon every time when it  went below it. There are total number of four times between the period from Sep 15,2009 till today. And today it's fifth time it went below it. Among the five times, there are twice in last year and three times this year. The three times happened in:

1. Feb 2010
2. May 2010
3. Nov 2010(today)

(click on image to enlarge)

We knew that Feb and May STI had big correction then rebounded. How about this time? I think the probability is very high that history will repeat itself. Let's give it few days to a week, let it work out itself. And I'm ready for the year end big hunting...