As indicated by A, the Bollinger Bands Width for the 2nd board index on Thursday has not obviously expanded. Therefore, this suggests that the 2nd board index is still in its consolidation. If the Bollinger Bands Width should expands with the 2nd board index staying below the Bollinger Middle Band, it would be bearish signal. Otherwise, if the Bollinger Bands Width should expands with the 2nd board index staying above the Bollinger Middle Band, it would be a bullish signal.

Volume for the 2nd board market is still low on Thursday, this is because the volume is still staying bel0w the 40-day VMA level. This suggests that the confident of the 2nd board market is still insufficient, and therefore, if the volume should remains below the 40-day VMA level, the sentiment for the 2nd board market would likely be weak.

The MACD histogram continues falling on Thursday, and therefore the Rounding Top signal remains intact. If the MACD histogram should continue falling, the market movement for the short term is likely to be bearish biased.

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