As indicated by A, the KLCI gained 6.89 points or 0.43%, to close at 1607.74 points, which is the historical high in closing. The L2 uptrend remains intact, while the 14, 21, 31 EMA is still serving as the dynamic support to the KLCI uptrend.

As indicated by B, total market volume gained 16.2%, with volume above the 40-day Volume Moving Average. Generally, with volume above the 40-day Volume Moving Average, it is a signal suggesting that the overall market participation is relatively active. However, if the KLCI should continue rising, and breaks above its historical high of 1611, more volume is needed to confirm such bullish break out.

As indicated by C, the MACD histogram is still falling but at a noticeably slower pace. If the MACD histogram should tick up and form a Rounding Bottom, it suggests that the KLCI short-term is picking up some strength again.

In conclusion, with the KLCI continues supported by the 14, 21, 31 EMA dynamic support as well as the L2 uptrend line, the technical outlook for the KLCI is still positive. If the KLCI could break above 1611, it would allow more upside room for the KLCI, but to sustain this uptrend, the KLCI would have to repeatedly forming higher-Lows.