Today we receive a flood of fundamental good news "responding" to our technical bullish calls of last 2 days : China inflation cooling , Greece closing debt swap deal, good US jobs data tonite ..

Only 2 days ago, the financial media & analysts were "reacting"  to the consecutive days of falls in STi / Dow with  hindsight bearish calls , citing potential disorderly Greek default, China hard landing etc .. and wildly projecting the STI to go to 2800 in this correction.