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On Wednesday, the Composite Index closed mixed, ended the trading day mildly higher to 932.98 points. As indicated by A, the Composite Index had an intra-day low at 930.82, which supported by the 931 support. At the moment, Composite Index must maintain its position above the 931 level, or else a break below this support would cancel out the break out on Tuesday, thus a false break out. (Study A)

As pointed by B, WinChart RSI continued to rise and remain above the 70% level, a mid-term bullish region. This suggests that the Composite Index is still on the strength, and provided the WinChart RSI could stay above the 70% level, market sentiment for the mid-term would remain bullish. (Study B)

As indicated by the C circle, Stochastic is still situated above the 70% level, the short-term bullish region. As long as the Stochastic could maintain it level in the short-term bullish region, market sentiment for the short-term is bullish. (Study C)

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