Composite Index ended marginally higher, gaining 0.63 points to 904.28 points. As shown in the chart above, KLCI was once again resisted by the T1 dynamic resistance while precisely supported by the 10 days Bollinger middle band. (Study A)

Mean while, 10 days Bollinger band width opened 5%. If the Bollinger band width continue to expand wider, KLCI is likely to have more upside potential.

As pointed by B, total market volume on Friday began to pick up, standing at 2.82 million lots, or 4% higher than yesterday's volume. Even so, total market volume is still failed to achieve the 40 days VMA level. Nonetheless, as long as we see growth in market volume, it shall promote the liquidity of KLCI thus, market participation will be more active. (Study B)

Stochastic, on Friday, remained below the 70% level, which is the short-term neutral zone. If the %K line breach above the 70% level, it shall suggests the short-term market sentiment is bullish. If the %D breaks above the 70% level, it shall confirm the %K's signal. (Study C)

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