Composite Index ended the Thursday trading higher closing at 919.65 points with a gain of 4.91 points. As indicated by the A, the 10 days Bollinger band width opened 9% indicating an increase of volatility. Since the KLCI is now situated above the middle band, it suggests more upside room for KLCI. Nevertheless, the KLCI is still facing a mild resistance at the 920 level. (Study A)

As shown in the B circle, total market volume has gained another 27.5% from yesterday's total market volume, standing at 5.8 million lots. This is a good sign for it suggests that the market is now relatively active. (Study B)

MACD continue to move higher, as a result, the histogram also moving higher. Provided we see the MACD line's direction pointing upward, outlook for KLCI remains positive bias. (Study C)

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