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On Tuesday the Composite Index ended mixed again, gaining 0.11 points to 923.13 points. The Composite Index has been moving sideways for 8th consecutive trading days now, and as a result, the 10 days Bollinger Band width begin to contract again. On Tuesday, the 10 days Bollinger Band width contracted 10%, suggesting that the KLCI direction is unclear. (Study A)

Nevertheless, support for the Composite Index is still at 10 days Bollinger middle band as well as the 920 Fibonacci Retracement; while the resistance is still at 931 Fibonacci Retracement.

Total market volume on Tuesday stood at 797 million shares, almost unchanged from the previous day's volume. Still, volume on Tuesday remained marginally higher than the 40 day VMA level, suggesting that the market participation is relatively still active. Therefore, provided that the KLCI is supported by the 920 support, the sustaining high volume shall promote the KLCI in a positive way. (Study B)

As circled by C, Stochastic remained in the bullish region, (above 70%). Therefore, market sentiment for the short-term is still on the bullish bias. Anyhow, at the moment, there is still no bearish signal for the KLCI. (Study C)

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