As indicated by A, the Bollinger Bands Width started contracting; this suggests that the KLCI is in its consolidation stage. If the Bollinger Bands Width should remains contracted, the consolidation shall continue. In other words, the KLCI is preparing for a new movement, and the direction of the new movement shall reveal when the Bollinger Bands Width should expands. Nevertheless, the 1285 point is still the current support to the KLCI.

Total market volume on Tuesday declined 3.9%, while remains below the 40-day VMA level. This suggests that the current market participation is still low, and without sufficient inflow of new capital, the KLCI is likely to remain weak.

As indicated by C, the MACD histogram ticked lower on Tuesday and continued its rounding top signal. The rounding top suggests a weakening of the MACD bullish signal, and if the MACD histogram should continue ticking lower, the short term movement for the KLCI is likely to be bearish biased.

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