STI Testing of Resistance

Following the 270 points or 2.53% bounce for Dow last night, I expect STI will get a bounce too. Let's take a look on STI modes:

1. STI trend is DOWN, (lower high &lower low, 20ma pointing down, MACD line below zero...)
2. STI bullish divergence with MACD line( hint for a rebounce)
3. Use counter-trend strategy for long, or wait for shorting opportunities at Resistance level.
4. Any long position should be short term, do take profit as the TREND is still DOWN.
5. STI immediate resistance level: 2705-2715( gap resistance)