The KLCI was trading in a narrow range on Friday, gaining 0.64 points to close at 1579 points. As indicated by A, the 14, 21, 31 EMA is still serving as the dynamic support to the KLCI and the resistance stays at 1597.08 or 1600 mark.

As indicated by B, total market volume fell 26.15%, with volume below the 40-day Volume Moving Average. Market overall is still quiet, as investors are taking caution amid the key index is approaching its historical high.

As indicated by C, the Stochastic stays below 70%, thus not yet giving any short-term bullish signal. If the Stochastic should stay around 50%, the KLCI is likely to consolidate in a sideways manner.

In conclusion, the KLCI stays above the 14, 21, 31 EMA as well as the uptrend line, thus the uptrend is still intact. But still, due to the lower market participation, the sustainability of the uptrend is doubtful. If the KLCI should form higher-lows, and resume its uptrend, a significant increased of volume is needed to confirm such move.