On Tuesday, the Bollinger Bands Width expanded only 10%, if compared to the previous expansion, the rate of expansion is actually slowing down. Therefore, if the Bollinger Bands Width should contracts again, the FBM2nd Board Index would consolidate again. As indicated by A, the FBM2nd Board Index rebounded at the 4820 WinChart Automatic Fibonacci Retracement, suggesting the 4820 WinChart Automatic Fibonacci Retracement is still the support for the FBM2nd Board Index. Other than the Bollinger Middle Band dynamic resistance, 5100 WinChart Automatic Fibonacci Retracement shall be the next resistance for the FBM2nd Board Index.

As circled at B, the Stochastic %K line rebounded slightly on Tuesday. If the Stochastic %K line should break above the 30% level, it would suggests the short term bearish signal does not form successfully, and the FBM2nd Board Index is likely to consolidate again.

As circled at C, the MACD histogram is still showing a rounding top, suggesting the FBM2nd Board Index is still on the weakening movement. Generally, the MACD histogram has to form a rounding bottom in order to suggests a technical rebound for the FBM2nd Board Index.

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