Day 2 of short covering! The bears got absolutely slain! But they are not dead, apparently. I spotted some signs.
Let’s take a look at the STI weekly chart. Bullish divergence observed. I saw it and I knew there will be a rally but this rally came much earlier than I expected actually. Nonetheless, 20MA kissed. [...]

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Wow look at the rally today! On heavy volume, plenty of short covering! Even I had to run from my SPC and Sembmar shorts. Oil, property and banks leading. Cosco also had heavy short covering. Capitaland very heavy on volume, closing right at 50MA. I did enter some shorts as tikam, those at 50MA, with [...]

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