As indicated by A, the FBMACE is still resisted by the L1 downtrend line as well as the 14, 21, 31 EMA dynamic resistance, despite gaining 5.92 points on Friday. This suggests that the downtrend of the FBMACE is still intact. Support for the FBMACE is at 4000 point, while the resistance above the L1 line is found at 4218 WinChart automatic Fibonacci retracement.

As indicated by B, the Stochastic stays slightly below the 70% level, which is a neutral zone, but with some slightly tendency to the positive side. However, technically, the Stochastic would have to stay clearly above 70% level, in order to show a short term bullish signal.

As indicated by C, the MACD line stays below zero level, and this suggests that the mid to long term movement of the FBMACE is still weak.

In conclusion, the downtrend of the FBMACE remains intact, and the technical outlook for now is still on the weaker side. Technically, the FBMACE would have to break above the L1 line, and then form a higher-Low, then only it is a positive reversal signal for the FBMACE.

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