Trend: Up
The election rally has began. STI is going to enjoy multi-weeks up trend from this point onwards. It may pull back a bit to let off some steam for the continuous rise from last week. This pull back will present an opportunity to pick up some stocks. Long term traders (who have closed their short recently) can now turn around and go long during any pull back opportunity. Short term traders may like to buy as the stock is moving up to ride the up tide.
