I would like to update this analysis; as stated yesterday for...

I would like to update this analysis; as stated yesterday for the divergence to be a key reversal it required confirmation in today's trading.

This was achieved as STI had a higher low and closed on its high with good volume. It was good to see that even though some pretty big sellers came into place, they were consumed by the buying power.

STI is showing the type of strength that could push it through resistance, and is worth watching closely. I am that convinced that I even added more to my own portfolio today.