Despite the strong rebound of the European and the US market last night, the FBMACE fell 5.83 points or 0.14%, to close at 4126.17 points. As indicated by A, the FBMACE is still supported by the 14, 21, 31 EMA dynamic support, while the resistance remains at 4500 and 4350.

As indicated by B, the Stochastic stays below 30%, thus suggesting that the short term movement of the FBMACE is still weak.

As indicated by C, after crossing above the +DI line, the -DI line is now still above the +DI. This suggests that the recent volatility of the FBMACE is negative. Technically, if the -DI line should rise together with the ADX, it would be a signal suggesting a mid term bear run for the FBMACE.

In conclusion, despite that the FBMACE is still staying above the 14, 21, 31 EMA, and the uptrend remains intact, technical indicators like the Stochastic and the DMI are showing weakness of the FBMACE.