As indicated by A, the FBMACE fell 29.23 points to close at 4082.35 points, breaking below the 4113 WinChart Automatic Fibonacci Retracement. Therefore, the next support for the FBMACE is at 4000 psychological level as well as the 3917 WinChart Automatic Fibonacci Retracement.

As indicated by B, the Stochastic stays below 30%, in the short term bearish territory. This suggests that the short term movement of the FBMACE is still weak.

As indicated by C, the MACD line is still falling, while staying below the zero level. This suggests that the mid to long term movement of the FBMACE is still weak, and meanwhile the MACD histogram is still falling, and this suggests that the FBMACE is losing strength.

In conclusion, the FBMACE is still in downtrend, while the technical outlook for the FBMACE stays negative. The FBMACE is likely to find some support around 3197 to 4000 level, but as for whether the downtrend will end or not, we will have to wait to see if the FBMACE could break above the L1 line.