STI to meet heavy resistance at 3180-90 , poised for a correction after fierce 3-week bull run since japan tsunami

Technically the STI is due for a correction ( when it hits 3180-90 over next few days )  after a fierce 3-week bull run since bottoming out at 2920 on 18 mar 2011   following the triple whammy (  earthquake / tsunami  / nuclear ) hitting Japan and the uncertainty surrounding UN security council vote on Libya  no-fly zone.