As indicated by A, the FBMACE continue its fall on Tuesday, with the 14, 21, 31 EMA still serving as the dynamic resistance. The FBMACE fell 29.14 points or 0.77%. The downtrend of the FBMACE remains intact, while the support is at 3640.

As indicated by B, the Stochastic stays around 50%, while showing a short term neutral signal. This suggests that the short term movement of the FBMACE is unclear.

Despite the unclear short term signal from the Stochastic, the MACD line remains below zero level, as indicated by C. This suggests that the mid to long term movement of the FBMACE is still weak. Because the FBMACE is still in downtrend.

In conclusion, as long as the FBMACE is still staying below the falling 14,21, 31 EMA, the technical outlook shall remains weak. If the FBMACE should break below the 3640 support, it would be making a 18 months new low.

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