STI Downward Bias

The soaring oil price jittered market last night, Dow was selling off 80point to 12,090, near the important psychology level 12,000 again.

STI facing strong resistance at 3080, if it not breaking it, it will down. I think the probability it comes down has increased for now.

The three level I'm watching for now:

R: 3080
S1: 3025