STI Gave up ALL Its Past Nine Days Gain in Three Days

STI closed at 3107, dropped another 23 points, it has given back ALL its past nine days gains in just three days! What a drastic drop. So where are we at now? I have learnt that "Each moment has the potential to exhibit either enlightenment or delusion." One extreme will lead to another extreme...

STI is approaching 3100(S1) level, which is the level before it started to run up. This market is going to be more volatile( or more exciting depends on how you see and catch it) as it left so many gaps unclosed on the way up and down... The final defence is the uptrend line support 3050(S2). Do watch these two levels, market will turn around very fast as the volatility increases nowadays.

Will update you on again.