On Wednesday, the Composite Index ended higher, gaining 5.2 points to 949.29 points. As pointed by A, the Composite Index was resisted again at the T3 dynamic resistance. Mean while, 10 days Bollinger Band width expanded 15% with the Composite Index situated above the middle band, this is a bullish signal. Provided that the band width could continue to expand, more upside room for the KLCI is likely. However, the next hurdle at 953.88 points is a strong resistance for the KLCI, thus a upside room for the KLCI might be limited at the moment. (Study A)

As pointed by B, total market volume on Wednesday stood at 1.59 billion shares, a 21.6% higher than the previous market volume. The growth of volume has given some strength to the Bollinger Bands' bullish signal, and if the growth of volume could persist, breaking above the T3 is likely. (Study B)

Mean while, as circled by C, %K of the Stochastic re-entered the bullish region with the %D rebounded at the 70%. Provided these two lines could maintain above the 70% level, market sentiment for the short-term would be bullish. (Study C)

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