As indicated by A, the FBM KLCI failed to break above the L1 downtrend line, and on Friday, it ended 4.69 points or 0.3% lower to close at 1570.62 points. For now, the KLCI is still consolidating within the Symmetrical Triangle, while the L1 downtrend line remains intact.

As indicated by B, total market volume fell 26.03%, making its new low since 29^th of August, 2011, while staying further below the 40-day Volume Moving Average. This shows that investors are really not keen in taking part in the market.

As circled at C, the MACD histogram failed to tick up, thus the Rounding Top is still intact. If the MACD histogram should continue to fall, it suggests that the KLCI short-term is losing strength, or still consolidating.

In conclusion, the L1 downtrend remains intact for the KLCI. If the KLCI should break below the L2 ascending line, it means an end to the Symmetrical Triangle consolidation, and the KLCI is resuming its downtrend movement. If the KLCI should also break below 1535, it would extending its downtrend.