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The composite index ended marginally higher on Tuesday, gaining 2.34 points to 924.37 points. As shown on the chart above, T3 line remained as the dynamic support line for the KLCI, while the KLCI is likely to retest the 931resistance level. Nevertheless, the KLCI candle for the day still ended with an upper shadow, suggested that there were still selling pressure in the market. (Study A)

As indicated by B, total market volume on Tuesday stood at around 9 million shares, a 53.8% increased from yesterday's total market volume. In addition, the market volume on Tuesday also managed to break above the 40 days VMA level, suggested that the current market participation was relatively active. If the market volume could stay continue to stay above the 40 days VMA level, market outlook would generally turn brighter. (Study B)

As indicated by C, Momentum has not broken its downtrend line yet, suggested that more strength is needed to give the KLCI a push. In general, if the Momentum could break above the downtrend line, it would imply a regain of market momentum. (Study C)

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