Composite Index ended higher on Monday with a gain of 4.61 points, closing at 948.02. Current support for KLCI remained at the 940 level, and further support can be found at 931 WinChart automatic Fibonacci Retracement. (Study A)

Total market volume on Monday stood at 4.33 million lots, a 12.4 % lower than the previous trading day, while failed to reach the 40 days VMA level. This indicates that the current market participation is rather quiet. (Study C)

As indicated in C, MACD sell signal remained intact. However, since there is no confirmation to the sell signal triggered on last Friday, readers are advised to treat the signal as an early warning, for a break below the 940 level would confirm the MACD signal. (Study C)

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