STI Support 2820-2778

STI dropped 50points to closed at 2855 level, which is exactly its 50% level to year 2010 close. As US market retraced last night, STI is down 36 points at 2820( 9.31am) as I'm writing this.

Uptrend is intact for the major US indices, the major benchmark level( or rather pivot point for uptrend) I'm looking at are as below, ( the "50% level"):

STI support area will be at 2820-2778(the previous breakout level where market started its run-up).

I'm looking for buy-on-dip once its retracement completed.