HUGE move up for the STI

I was quite surprised by the strength of the STI today as it broke strongly out from yesterday's close of 2909. I noted that this is a key level as it was the previous pivot low before the long move down to 2698. The STI looks headed towards the 161% fibonacci extension to about 2965. 2900 should be the new support now. If we manage to break 2965, then we are headed towards multiple resistance of about 3000 points. Amongst the top volume counters are Noble group and Golden agri. Golden Agri is performing extremely extremely well, and i think it would be good to accumulate on pull backs. Capitaland is also staging a strong rebound. This is also a stock which i think is worth looking at and accumulating on pull backs.