On Friday, the KLCI had its intraday low in early morning trading, losing up to 10.64 points. But soon, the KLCI began to regain some of its early losses, and even closing 1.68 points higher at 1538.77. As indicated by A, the KLCI is still testing 1540 resistance, while the 14, 21, 31 EMA is still serving as the dynamic support.

As indicated by B, total market volume increased 10.23%, with volume above the 40-day volume moving average. This suggests that the market is relatively actively participated, and if volume should remain above the 40-day volume moving average, the market sentiment is likely to continue to improve.

As indicated by C, the Stochastic is still above 70%, in the short term bullish territory. This suggests that the short term movement of the KLCI is still positive. If the Stochastic should break below 70%, it would be a signal suggesting a beginning of a technical correction.

In conclusion, although the KLCI has not broken above 1540 resistance, the uptrend remains intact, with the 14, 21, 31 EMA as the dynamic support, and the technical outlook is still positive.