As indicated by A, the Bollinger Bands Width did not expand, and therefore, this suggests that the KLCI is still consolidating. Meanwhile, the 1285 level is still the support to the KLCI. If the Bollinger Bands Width should expands with the KLCI staying below the Bollinger Middle Band, it would be a bearish signal. If the Bollinger Bands Width should expands with the KLCI staying above the Bollinger Middle Band, it would be a bullish signal.

Total market volume remains lower on Thursday, with the volume staying below the 40-day VMA level, it suggests that the overall market confident is still relatively low. Therefore, provided that the volume is still staying below the 40-day VMA level, the market sentiment is likely to remains weak.

On Thursday, the MACD histogram continue ticking lower, and therefore, the rounding top signal remains intact. If the MACD histogram should remains falling, the market movement for the short term is likely to be bearish biased.

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