As indicated by A, the FBMKLCI fell 7.59 points or 0.47%, to close at 1591.28 points, testing the 14, 21, 31 EMA dynamic support. Resistance for the KLCI remains at 1600-1609.33.

As indicated by B, total market volume fell 15.63%, with volume below the 40-day Volume Moving Average. This is still showing that the market is quiet, as investors are still not feeling confident about the market while being cautious on the sidelines.

As indicated by C, the Stochastic fell below 50%, but it has not shown any short-term weakening signal yet, at least not until the Stochastic has broken below 30%.

In conclusion, the KLCI is testing its dynamic support which has been supporting the uptrend for the last 4 months. If the KLCI should break below this dynamic support, the uptrend would be interrupted, but this does not mean that the KLCI would reverse immediately, for the KLCI could still consolidate in its sideways manner. However, if the KLCI should later shows lower-highs formation, it would increase the chances of a downtrend formation.