As indicated by A, the KLCI had its intraday high reaching 1485.90 points, but it was still resisted by 1487.62 Fibonacci Retracement line, and ended 16.25 points or 1.09% lower to close at 1475.64 points. Support for the KLCI remains at 1453 as well as the 14, 21, 31 EMA dynamic support.

As indicated by B, total market volume fell 10.4%, while still above to stay above the 40-day volume moving average. If volume should continue to fall and failed to stay above the 40-day volume moving average, it suggests that the market participation would then back to quiet, and the market sentiment would likely be affected too.

As indicated by C, the Stochastic fell on Tuesday, but still able to hold up above 70%, in the short term bullish territory. This suggests that the market movement for the short term is still positive. If the Stochastic should break below 70%, it would mark an end to the short term bullish movement, while also indicates a beginning of a technical correction.

In conclusion, despite losing over 16 points, the short term uptrend of the KLCI is still intact. Technically, provided that the KLCI could stay above the 14, 21, 31 EMA dynamic support, the technical outlook for the KLCI is still positive.

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