Composite Index ended higher on Friday's trading at 937.39 with a gain of 3.01 points. KLCI hit an intraday low at 931.94 point and rebounded strongly at the W1 ; therefore, the dynamic support of W1 is still intact. On the other hand, resistance for KLCI remains at the 940 psychological level. (Study A)

Total market volume on Friday was 9% lower than the total market volume on Thursday, with 5.2 million lots changed hands. Anyway, the market volume on Friday had reached above the 40 days VMA level, showing that the market was rather active. (Study B)

%K of Stochastic was higher on Friday. Currently, both %K and %D are situated above the 70% level, which is also the short-term bullish zone. Therefore, provided we have both lines above at this level, short-term market sentiment remains positive. (Study C)

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