Capland still a good short

STI is pulling back this morning despite the Dow putting up another fight back session to close slightly negative. However, I have been monitoring such divergence in market strength for the past few years and conclude that it such divergences do not present me with a trading edge in the next one day or two. Meaning, some people might think that the STI is extremely weak as it fails to take into account the bullish sentiment from US markets and will have a high chance to pullback today. I won't be surprised if STI makes a U-turn and hit the roof later on in the afternoon. Nonetheless, I am looking at Capland to hit 3.98 first.