STI - rising window

The STI is fast approaching the key resistance level of 1960. Its ascend was much faster than i had expected. I have been commenting on the weekly chart of the STI as the trend is easier to follow on the weekly chart. However, today, i thought i'd comment on the daily chart as the action during the past week was quite interesting. The STI began the week with a strong gap up, or as the Japanese call it, a rising window. On the next day, the gap was partially filled, but not completely. So the zone between 1836 and 1848 is now a support zone. Notice an almost identical support zone on the first week of Jan09. During that time, the STI gapped up, and over the next two days, formed a bearish 'dark cloud cover' candle pattern, and on the fourth day, closed below the support zone. Once that happened, the STI went into a free fall. This time around, on Thursday, the bears tried to push the STI down and almost formed a bearish dark cloud cover. But the bulls managed to push the STI higher so that the penetration of the red candle was not sufficiently deep enough to form a dark cloud cover. (A dark cloud cover is formed when the red candle closes below 50% of the previous day's green candle). On Friday, the bears were slightly weaker (or the bulls stronger), so that the STI formed a higher low compared to Thursday's session. This showed that the underlying strength of the STI is still positive even though the upward momentum is a little weaker. My view is that the STI will continue on its uptrend unless there is a close below 1836.