On Tuesday, the KLCI continue to fall, ended 3.6 points or 0.22% lower to close at 1632.57 points. As indicated by A, the KLCI had its intra-day low touching 1629.18 points, where it was touching the L2 uptrend line and the 14, 21, 31 EMA dynamic support, before regaining some of its daily losses. This suggests that the L2 uptrend line and the 14, 21, 31 EMA dynamic support is still intact. Resistance for the KLCI remains at 1647.94.

As indicated by B, total market volume fell 7.66%, with volume below the 40-day Volume Moving Average. On one hand, this shows that the market is quiet, but on the other hand, it suggests that the profit taking activities was mild as no panic selling is sighted overall.

As indicated by C, the Stochastic is still falling, after falling below 70% on Monday. This shows that the KLCI is currently having a short-term technical correction. However, the Stochastic has not shown any short-term weakening signal for the KLCI yet.

In conclusion, the KLCI is consolidating, or having its short-term technical correction, while the uptrend remains intact. If the KLCI could rebound from the L2 uptrend line or the 14, 21, 31 EMA, and forms higher-lows, it suggests that the uptrend is still sustainable, while the technical outlook is still on the positive side.