As indicated by A, the KLCI managed to find its support at the 14, 21, 31 EMA dynamic support and rebounded 5.43 points or 0.34%, closing at 1598.87 points. Resistance for the KLCI remains at 1600- 1609.33.

As indicated by B, total market volume increased 2.91%, and volume is still way below the 40-day Volume Moving Average, suggesting that the market is still quiet, which is what an ideal uptrend of the KLCI is missing out.

As indicated by C, the Stochastic rebounded, but not yet broken above 70%, thus not yet returning to the short-term bullish territory. If the Stochastic should stay around 50% level, the short-term movement of the KLCI is expected to stay in its sideways manner.

In conclusion, the uptrend of the KLCI is still intact, with its technical outlook staying on the positive side. If the KLCI should continue to be supported by the 14, 21, 31 EMA, there is a good chance that the KLCI would re-test the 1600-1609.33 resistance, but still, the only set back is the unconvincing low volume.