Composite Index ended firmly again on Thursday's trading with a gain of 4.27 points, ending the day's trading at 906.96 points. KLCI breaks the 906 resistance marginally, and thus, the break-out is yet to be confirmed. Anyhow, immediate support for KLCI is at the 906.5 points L1, while further support is found at the 10 days Bollinger Middle Band's dynamic support. (Study A)

Total market volume of the day was surprisingly low, stood at only 3.65 million lots, still a ranged below the required 40 days VMA level. One point worth mentioning here is that with the breakout today, volume, by right, should be higher to support such breakout. Therefore, it is highly skeptical that the breakout would be a true one. (Study B)

Technical indicator wise, we see Stochastic %K is now standing above the 90%, which is an overbought level, while %D still situated in the short-term bullish zone. In short, short-term market sentiment is still bullish, provided these two lines stay above the 70% level. (Study C)

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