The Straits Times Index rose 36 points week-on-week to 2,581, supported by an upturn in short-term stochastics. There has also been a rebound in 21-day RSI which rose from 36 at the start of Aug to a high of 50, before ending at 48 on Aug 14. The most encouraging sign was the glacial rise in volume during the week of Aug 11–14, albeit as the STI formed dojis rather than white candles.

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