As indicated by A, despite touching a daily low at 1624.88 points which breaking below the L2 line, the KLCI ended 2.52 points higher, to close at 1635.09 points. The 14, 21, 31 EMA remains serving as the dynamic support to the KLCI while the resistance is still at 1647.94 points. This suggests that the uptrend of the KLCI is still intact.

As indicated by B, total market volume gained 56.19%, with volume above the 40-day Volume Moving Average. This shows that the market was actively participated. However, due to the higher numbers of losing counters over gainers, the higher volume is implying that the profit taking was still active. Nevertheless, if volume should remains above the 40-day Volume Moving Average together with the KLCI forming higher-lows, it would help sustain the KLCI uptrend.

As indicated by C, the Stochastic did not break below 30%, thus now showing any short-term weakening signal. For now, the Stochastic is suggesting a short-term technical correction signal. If the Stochastic could return to above 70%, it suggests that the KLCI is resuming its short-term bullish movement.

In conclusion, the KLCI is finding its support from the 14, 21, 31 EMA dynamic support as well as the L2 uptrend line, suggesting that the uptrend remains intact, with technical outlook still on the positive side. If the KLCI could rebound and form higher-lows, it would be very likely for the KLCI to test its 1647.94 historical high.